Igwe was reportedly arrested by the personnel of the Nigeria Police Force along Aba Road in Port Harcourt, South-South Nigeria. Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), has intercepted N32.4 million in Lagos State, Southwest Nigeria. ...

By Johnbosco Agbakwuru, Abuja The Council of State presided over by President Muhammadu Buhari on Friday, gave their support to the naira redesign policy but with a caveat that the Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, should make new Naira notes available or recirculate the ...

Leke Baiyewu, Egole Anozie, Tope Omogbolagun Deborah Tolu-Kolawole, Solomon Odeniyi, Abiodun Sanusi, Segun Adewole, Uthman Salami, Nathaniel Shaibu, Daud Olatunji, Uthman Abubakar, Chima Azubuike, Godwin Isenyo, Peter Dada and Abiodun Nejo As the fuel and currency scarcity slowly paralysed ...

The Central Bank of Nigeria has directed commercial banks to start paying the new naira notes to customers over-the-counter in the banking halls. The development was confirmed in a statement on Thursday by the bank’s Director of Corporate Communications, Osita Nwanisobi. The apex bank assured ...

IT is both appalling and shameful to hear so soon that some commercial banks are already aiding and abetting the hoarding and illegal sales of the newly redesigned Naira notes. What a country we belong! According to media reports, the Department of State Services, DSS, over the weekend arrested ...

By Soni Daniel, Emma Ujah and Elizabeth Adegbesan, ABUJA The Department of State Services, DSS, has arrested some members of an organised syndicate selling the new naira notes in parts of the country. Although the DSS did not disclose the names and locations of the suspects, the agency said ...

In spite of scarcity of the redesigned Naira notes in circulation, some persons have been seen hawking the new notes at Dadi Motor Park, Sabon Gari-Zaria, Kaduna State, at exorbitant prices. The News Agency of Nigeria (NAN) saw large wads of different denominations of the notes on display at the ...

The Nigerian Security Printing and Minting Plc (NSPM) has assured Nigerians that the new Naira notes in circulation are of the highest quality as the old notes, while warning the public against carrying out experiments on the new notes. Massive criticisms continue to trail the new Naira notes, ...

The new naira notes are already being counterfeited, four days after they were rolled out to the public by the Central Bank of Nigeria (CBN) through the commercial banks, The Nation findings have shown. In a video which has now gone viral, a man was heard saying his wife, who operates a ...

The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter payments. This came about three weeks after the President, Major General Muhammadu Buhari (retd), unveiled the new bills at a weekly ...