Ten Unforgettable Events That Characterised FG, CBN Naira Redesign Policy

The Central Bank of Nigeria on Monday, March 13, 2023, ordered commercial banks to accept and start dispensing the old naira notes.

The old notes were seized to be legal tender as of February 10th, 2023 based on the FG-CBN deadline for swapping old notes for newly redesigned notes.

Naira Redesign | How Amotekun Corps Arrested A Man With ₦250K Fake New Naira Notes

As Nigerians continue to battle naira scarcity, the operatives of the Ekiti State Amotekun Corps have arrested a man, identified as Celestine, with fake new ₦1,000 notes worth two hundred and fifty thousand, naira only (₦250,000).

Naira Scarcity | NLC Keeps Mum, Nigerians Protest In Delta, Edo, Ondo, Oyo, Police Arrest Nine

Nigerians were thrown into confusion on Tuesday when the Central Bank Governor, Godwin Emefiele, during a visit to the Ministry of Foreign Affairs on Tuesday, to discuss the monetary and currency redesign policy, said, “The situation [Naira scarcity] is substantially calming down since the commencement of over-the-counter payments to complement ATM disbursements and the use of super-agents.

Naira Scarcity | Hoodlums Hijack Protest In Ogun State, One Man Hit By Bullet

As Naira scarcity hit harder on Nigerians, one person has been reportedly shot in the Sapon area of Abeokuta, Ogun State capital, following attempts by some persons to rob a branch of the First Bank of Nigeria in the area.