CDA NEWS ONLINE

ONLINE NEWS PORTAL

New Naira Note Crisis

Employ Executive Order – Ohanaeze To FG On Old Naira Deadline

The Ohanaeze Ndigbo socio-cultural organization has urged the Federal Government to block the Supreme Court ruling temporarily halting the deadline extension for the old N200, N500, and N1000 notes. It will be recalled that earlier on Wednesday, the Supreme Court…

Supreme Court Suspends CBN’s Feb 10 Deadline Cash Swap

The Supreme Court of Nigeria has restrained the Federal Government from continuing with the full implementation of the demonetization policy. Report has it that three northern states, Kaduna, Kogi and Zamfara, had, in a motion ex-parte filed on February 3rd,…

Buhari To Convene Emergency Council Of State Meeting Friday

President Muhammadu Buhari will convene an emergency Council of State meeting on Friday to discuss the crisis bedevilling the nation, including naira, petrol scarcity, and insecurity ahead of the February 25 presidential election. The Central Bank of Nigeria, CBN, and…

Banks peg cash withdrawals at N20,000 as POS charge N2,000 for N10,000 in Umudike Abia State

Banks in Umudike, Abia State , have pegged cash withdrawals across the counter at N20,000 for lucky customers. CDA News reports, however, that the frustration of customers surrounding the new currency swap continues without any feasible end to the chaotic…