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Be patient, CBN working to strengthen Naira – Cardoso begs Nigerians

July 11, 2024February 23, 2024 by Tell Vibes

In a recent public lecture organized by the Nigerian Economic Society, Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), appealed to Nigerians for patience as the apex bank works tirelessly to bolster the Naira. Speaking at the event titled ‘Recent Developments in a Nigerian Foreign Exchange Market: Issues, Options and Way … Read more

CBN Confirms Old and New Naira Notes as Legal Tender Nationwide

July 10, 2024November 9, 2023 by Tell Vibes

In response to mounting concerns surrounding the legal status of old Naira notes, the Central Bank of Nigeria (CBN) has officially clarified that both old and new Naira banknotes remain legal tender throughout the country. This statement comes as a response to earlier deadlines set by the previous administration, which had caused widespread uncertainty among … Read more