Naira redesign: Investigate banks over scarcity of new notes - MURIC to EFCC, NFIU

The Muslim Rights Concern (MURIC), on Friday, called on anti-graft agencies particularly the Economic and Financial Crimes Commission and the Nigerian

Financial Intelligence Unit to closely monitor how commercial bank managers handle the new naira notes they receive from the Central Bank of Nigeria.

Recall that the CBN governor Emefiele had insisted on the January 31 deadline for the exchange of old Naira notes. He said many businessmen and women have refused to accept the old notes out of fear of possible inability to deposit the notes in commercial banks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyPostNGR /  🏆 11. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New naira: MURIC calls for deadline extension - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

CBN to sanction banks rejecting old naira notes | The Guardian Nigeria News - Nigeria and World NewsAny commercial bank that rejects old naira notes before the January 31 deadline will face stiff penalties, the Central Bank of Nigeria (CBN) has said.
Read more »

Naira swap: Borno opens microfinance banks in LGAsTo beat the deadline for the stoppage of old naira notes, the Borno State government has established emergency microfinance banks in 25 of the 27 Local Government Areas of the state.
Read more »

'I'm yet to see new naira notes' -- Ortom seeks extension of Jan 31 deadline | TheCableSamuel Ortom, governor of Benue state, has appealed to the Central Bank of Nigeria (CBN) to extend the January 31 deadline for the validity of old naira notes.
Read more »

Petrol scarcity, naira notes redesign won't stop me from winning, says Tinubu in Ogun | TheCableBola Tinubu, the APC presidential candidate, says the petrol scarcity and the naira redesign will not affect his chances of securing victory.
Read more »

Newspaper Headlines: Bandits reject N5.3m old naira notes in Kaduna, say deadline is near | TheCableThe comment of Bola Tinubu, presidential candidate of the All Progressives Congress (APC), at a presidential rally in Abeokuta, the Ogun state capital, dominated the cover pages of Nigerian newspapers
Read more »