The new banknotes feature an image of the former President on the front, with images of the "Big Five" animals on the back of the various banknote denominations. Read more »
The Reserve Bank has launched a communication campaign to introduce the country's new series of banknotes honouring former president Nelson Mandela. Read more »
The federal Government says the use of dollar as means of payment or legal tender in the local market is seriously affecting the value of naira. Read more »
The Senate and the House of Representatives joined forces in asking President Goodluck Jonathan to stop the central bank governor, Lamido Sanusi from going ahead with the ... Read more »
Following an outcry from Nigerians,President Goodluck Jonathan has ordered the Central Bank of Nigeria to stop further action on the proposed currency restructuring exercise, ... Read more »
Confusion reigns in the new N5000 debate since President Goodluck Jonathan's pledge to stop its implementation and the federal government claiming that the roll-out of the new note ... Read more »
The Nigeria Labour Congress has described the Central Bank of Nigeria's plan to introduce N5,000 note as a euphemism to formalise devaluation of the currency. Read more »
The announcement by the Central Bank of a new N5000 note has been met with mixed reactions from various quarters with some saying it would aid corruption in the country. Read more »
According to the poll conducted by the National Bureau of Statistics, 75% of Nigerians are opposing the moves by the Central Bank of Nigeria to mint and circulate N5000 note come ... Read more »
Central Bank Governor, Lamido Sanusi and Former President Olusegun Obasanjo are embroiled in a war of words since the bank's proposal for a N5 000 note, an idea that Obasanjo is ... Read more »
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