Author Archives: daranetworktv

15/02/2023 SHINA J.O The Presidency says neither the federal government nor the Central Bank of Nigeria (CBN) had taken a pre-emptive position on the legality of the old N200, N500 and N1,000 notes in view of the case pending before the Supreme Court, which comes up for hearing on Wednesday. A statement issued by theContinue reading “UPDATE ON NEW NOTES: FG, CBN To Decide On Old Naira Notes Today After Supreme Court Hearing”

14/ 02/23 SHINA J.O Residents of Ondo state are lamenting the refusal by banks to accept the old naira notes and Scarcity of the Redesigned currency. Some of the customers who spoke to Journalists in Akure Ondo state capital revealed that the banks stopped collecting the old notes since Monday this week. We observed ManyContinue reading “CUSTOMERS NARRATE ORDEAL AS BANKS TURN DOWN OLD NAIRA NOTES,NUJ CALLS FOR SOLUTION”

14/02023 SHINA J.O The Announcement By The Central Bank of Nigeria that old N200, N500 and N1,000 notes are no longer legal tender despite a Supreme Court order barring the apex bank from implementing the February 10 expiration date for the old notes is generating more Problems across The Country The Message came from HaladuContinue reading “SEE MORE TROUBLES ! SCHOOL CHILDREN STRANDED AS BANKS & FOOD VENDORS REJECT OLD NOTES”

14/02/23 SHINA J.O While the supreme court judgement has suspended the February 10 extension, Most Banks and people have ceased to collect the old notes as legal tender. This Situation has continued to cause untold hardship for Many. Disturbed by this development,a non governmental organization during a Conference in Benin City ,the Edo State CapitalContinue reading “UPDATE ON NAIRA NOTE SCARCITY : Non governmental organization seeks extension of naira swap as businesses suffer.”