CBN: No Retirement Date for Old Naira Banknotes, Remain Legal Tender Indefinitely As House asks apex bank to phase out old currency notes, says banks should cease to pay customers with old denominations, donates N100m to victims of Jigawa tanker explosion James Emejo and Adedayo Akinwale in Abuja
The Central Bank of Nigeria (CBN), yesterday said it does not intend to discontinue the circulation of the old
series of N200, N500 and N1,000 banknotes by December 31, 2024. The central bank’s clarification came
on a day the House of Representatives called on the apex bank to increase issuance of the newer N200, N500
and N1,000 denominations, and commence the phase out of old notes from circulation before the December 31,
2024 deadline for their discontinuation. Continued on page 5
Wale Edun: World Bank Support Critical for Empowering Nigerian Women-led Businesses...
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Friday, October 25, 2024 Vol 29. No 10789. Price: N400
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Shettima Cancels CHOGM Trip as Plane’s Windshield is Damaged at JFK Airport in NY Deji Elumoye in Abuja L- R: President, World Bank Group, Mr. Ajay Banga; Minister for Development and Women & Equalities, United Kingdom, Anneliese Dodds; and Minister of Finance and Coordinating Minister of Economy of Nigeria, Mr. Wale Edun, during the flagship event to explore how boosting women's economic opportunities can transform our world at the ongoing IMF/World Bank's Annual Meetings 2024 in Washington DC, United States of America…yesterday
Vice President Kashim Shettima’s trip to Samoa to represent Nigeria at the 2024 Commonwealth Heads Continued on page 5
Lokpobiri: FG Targets Doubling of 37bn Barrels Oil Reserves with Improved Exploration All eight persons on-board helicopter enroute NNPC oil facility dead Tinubu urges military to join search, rescue mission NSIB launches investigation as minister mourns ȱ ¢ȱ ȱ ȱť
EXCITING YOUTHS WITH GLO MY-G... ȱ ¢ȱ ȱ ȱŨ L-R: Stephanie Izunwa, Glo Brand Specialist; Ibukun Adekanye, representing UNILAG students; Olaolu Sola Morakinyo, Yabatech SUG President; Chuka Obi, Director of Creativity, Globacom; Tega Agofure, Head, Enterprise Marketing, Globacom; Ayomide Stephen Adebobola, LASU SUG President, and Jummai Yusuf, Glo Brand Specialist, at the unveiling in Lagos on Thursday of Globacom’s My-G youth engagement activations slated for several cities across the country.
Mbah Approves N80,000 Minimum Wage for Enugu Workers, Effective Oct 2024...
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