Comply with President’s directive, Emefiele tells banks

Thu, Feb 16, 2023
By editor
1 MIN READ

Economy

THE Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, on Thursday, said since President Muhammadu Buhari announced his latest directive on the new Naira policy, he has met with the leadership of about 15 commercial banks.

The CBN stated this when he visited presidential villa hours after the nationwide televised broadcast where he announced that only the old N200 note will remain a legal tender until April 10, 2023.

He said the meeting with the bank executives earlier on Thursday was to ensure ample supply of the old N200 notes to alleviate the sufferings of Nigerians.

-Vanguard

KN

Tags:


Soaring food prices: Stakeholders proffer solutions

AS the festive period approaches, food consumers, farmers and other agricultural stakeholders have suggested different measures to curb the incessant...

Read More
ICPC tracks N47.3b constituency projects in Ondo

THE Independent Corrupt Practices and other related offences Commission (ICPC) has started the tracking of 18 constituency projects valued at...

Read More
Naira depreciates by 0.5%, against the dollar

THE Naira on Wednesday depreciated at the official market, trading at N1,687.52 against the dollar. Data from the official trading...

Read More