Following the directive of President Muhammadu Buhari that Nigerians should take old N500 and N1000 notes to the Central Bank of Nigeria (CBN), many thronged offices of the apex bank across the nation on Friday. As early as 1am, people had lined up in front of the CBN office in …
Read More »BREAKING NEWS : CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes
The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It however pegged the maximum amount the banks can collect at N500,000. The CBN maintained that the old currencies were still no more legal tender. A source …
Read More »El-Rufai counters Buhari, says ALL old notes valid in Kaduna until s’court decides
Nasir el-Rufai, governor of Kaduna, says the old and new notes remain legal tender in the state pending the supreme court’s decision. In a televised address on Thursday morning, Buhari said he has directed the Central Bank of Nigeria (CBN) to extend the validity of old N200 notes till April …
Read More »Video Of Nigerians Arriving CBN Office With Sacks Of Old ₦500 And ₦1,000 Notes
Social media users have been sharing a video of some Nigerian men carrying sacks of old N500 and N1000 notes to the Central Bank of Nigeria branch in Gombe State. This occurs shortly after President Buhari declared that the old N500 and N1000 notes are no longer valid forms of …
Read More »Dollar to Naira Black Market Rate
Some sell rates extracted from the user comments on this page: Nigeriaus.com cannot guarantee trustworthiness of the contacts listed here. Please, DO NOT TRADE with the users listed here; use this platform only for data purposes.CurrencyRateDateUser NickUSD₦ 77016/02/2023Al ansad .. >USD₦ 75515/02/2023GoodNess-.. >USD₦ 76015/02/2023Bureau De.. >USD₦ 76415/02/2023Famous >USD₦ 75515/02/2023Dabin Tra.. >USD₦ 76015/02/2023♧Snus Xch.. >USD₦ …
Read More »Buhari Says Old ₦200 Note Will Remain Legal Tender Till April 10
President Muhammadu Buhari has extended the validity of the old N200 notes till April 10, 2023. The president announced this in a national broadcast on Thursday Monday. “I am addressing you as your democratically elected president to sympathise with you over the hardship being experienced as a result of the …
Read More »Supreme Court Adjourns New Naira Note Suit Till February 22
The apex court, which heard the case on Wednesday, was filled to capacity with a retinue of Senior Advocates of Nigeria, other lawyers and the governors of Kaduna and Kogi states, Nasir El-Rufai and Yahaya Bello, respectively. The Supreme Court of Nigeria has adjourned the case on the naira swap policy …
Read More »Anxiety as Nigerians Await S’Court Ruling on Govs’ Suit Against Naira Swap Deadline
There is palpable anxiety in the air as Nigerians await the outcome of the Supreme Court ruling on a substantial suit filed by the Governors of Kaduna, Zamfara and Kogi states today. The suit by Nasir El-Rufai and his counterparts, Bello Matawalle and Yahaya Bello, respectively, is seeking the extension …
Read More »Police take over Ondo CBN office as residents protest banks’ rejection of old naira notes
Police operatives, on Tuesday, took over the premises of the Central Bank of Nigeria (CBN) office located in the Alagbaka area of Akure, the Ondo capital. The takeover of the facility followed a protest by some bank customers who were complaining about the rejection of the old naira notes by …
Read More »Banks Ignore Supreme Court, Reject Old Notes
Deposit Money Banks (DMBs) across the country yesterday started rejecting the old naira notes despite the Supreme Court order extending the deadline till tomorrow, February 15 when an action would most likely be taken. Daily Trust findings across several states of the country and the Federal Capital Territory (FCT) indicates …
Read More »