OLD NAIRA NOTES

    The State Government of Kogi on Friday ordered the arrest and prosecution of individuals and businesses rejecting the old naira notes. In a statement released by Commissioner for Information, Kingsley Fanwo, he was congratulating Nigerians on the “historic ruling of the Supreme Court.” Fanwo said it was unacceptable that some persons and businesses […]

    The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa says the agency will soon question some persons over the return of the old naira notes to banks. During an interview on Channels Television on Wednesday, the anti-graft agency boss said they are yet to question anyone since the commencement of […]

    The Central Bank of Nigeria (CBN) has declared that the old N200, N500 and N1000 have ceased being legal tender since February 10, 2023. CBN had originally fixed January 31 as deadline for old notes to be in circulation but extended it in response to pressure from Nigerians. However, before the February 10 […]


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