Recently, the popular Nigerian crossdresser, Bobrisky just learned the hard way that disrespecting the naira comes with a huge price tag – six months in jail. It is important to…
Tag: CBN
CBN Accuses Banks, PoS Operators Of Hoarding Naira
The Central Bank of Nigeria (CBN) on Thursday warned banks and Point-of-Sale (POS) operators against complicit acts undermining the availability and free flow of the naira across the nation. CBN,…
Supreme Court Extends The Use Of Old, New Banknotes Indefinitely
The Supreme Court has ruled that both the redesigned and old Naira banknotes remain valid legal tenders in the nation beyond December 31. The apex court, on Wednesday, in a…