Thursday, April 16, 2026
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Cover

Naira notes ‘ll soon be out of circulation, says CBN official

Mohammed Koi by Mohammed Koi
May 21, 2022
in Cover
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

*Urges Nigerians to sign in to  E-Naira

The Central Bank of Nigeria CBN has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira.

The Delta State Branch Controller of CBN, Mr Godwin Okafor, stated this on Friday at the popular Ogbogonogo market during the market sensitisation on e-Naira, urging traders to key into the Central Bank’s e-Naira policy.

He said: “We here at the market today to sensitise the market people on the use of e-Naira. It is fully backed by CBN unlike Bitcoin has no legal backing.”

The consultant of CBN on e-Naira, Dr. Aminu Bizi, said Delta was chosen as the Second state to sensitize market women on e-Naira after Lagos.

“We are here to sensitise market men and women shop to shop on the use of e-Naira. CBN has gone behind ATM, POS, therefore, we are going to meet the Okada/tricycle union on this policy.

“Paper currency will soon be out of circulation because CBN spent money to print money and people abuse the currency in the market, spraying at the occasion, payment of Okada/tricycle and others and CBN is losing”

He said the use of e-Naira was effective, charges free unlike ATM and POS and cannot be hacked by fraudsters.

In his remark, the Secretary to the State Government, Chief Patrick Ukah, applauded CBN for e-Naira initiative.

Ukah who was represented by the Director of Finance and Account in the office of SSG, Mr. Benson Ojoko, said the state was delighted with CBN programmes, describing e-Naira as a laudable programme that has placed Nigeria in international finance.

Previous Post

Ansaru terrorists Now ‘recruiting massively in Niger, Kaduna’ – Security expert

Next Post

DSS arrest 2 Boko Haram terrorists behind Tuesday’s Sabon Gari, Kano School bombing

Next Post

DSS arrest 2 Boko Haram terrorists behind Tuesday’s Sabon Gari, Kano School bombing

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
​Chief Sir Albert Nnamani, a legal icon, begins his final journey
News

​Chief Sir Albert Nnamani, a legal icon, begins his final journey

by Adepegba Abioye
April 15, 2026
0

The family of Chief Albert Nnamani (Ike Ikem) of Ikem in Isi-Uzo Local Government Area of Enugu State has released...

Read moreDetails
Police arrest abductors of Bayelsa Judge

Police arrest 6 Lafia University students over viral bullying video 

April 15, 2026
Nigeria signs $1bn investment MoU with India’s Rashmi Steel Group

Nigeria signs $1bn investment MoU with India’s Rashmi Steel Group

April 15, 2026
US court orders FBI, anti-drug agency to release investigation dossiers on Tinubu

My tax reforms better than poverty-induced colonial tax — Tinubu

April 15, 2026
INEC suspends recognition of David Mark’s leadership of ADC

Anti-Party: Mark-led ADC expels Bala, Abejide, others

April 15, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng