February 7, 2023

An operations manager of a leading commercial bank in the Abuja central area was on Monday arrested by operatives of the Economic and Financial Commission, for refusing to load the Automated Teller Machines of the bank despite having N29m of the redesigned naira notes in the branch’s vaults, News Providers reports. Before he was whisked away…

February 1, 2023

Indications have emerged that the Economic and Financial Crimes Commission is set to raid new naira note racketeers in key commercial cities including Lagos, Port Harcourt, and Kaduna. The commission indicated this on Tuesday when it disclosed that it had arrested members of a syndicate of currency racketeers trading in the redesigned naira notes at…

January 11, 2023

 The Central Bank of Nigeria (CBN) has assured marketers and traders that it has made the redesigned naira notes (1000, 500, 200) available for them via Automated Teller Machines (ATMs). The Branch Controller, CBN, Lagos State, Mr Koyor Baribokola, gave the assurance when the apex bank took its sensitisation tour on the new naira notes…