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CATEGORY: demonetization


Mar 11, 2023 02:10

Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes

According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nigerian residents will continue to use the demonetized banknotes until the end of the year. Court Criticizes Outgoing Nigerian President [...]

The post Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes appeared first on Crypto Breaking News.

Apr 20, 2023 05:50

Elon Musk threatens Microsoft with suit, claims AI trained on Twitter data

Microsoft has been threatened with a suit from Tesla and Twitter chief Elon Musk who claimed the Big Tech firm “illegally” trained its artificial intelligence (AI) on Twitter data. On April 19, Musk tweeted that it was “lawsuit time” in response to a post reporting that Microsoft would cease supporting Twitter on April 25 across [...]

The post Elon Musk threatens Microsoft with suit, claims AI trained on Twitter data appeared first on Crypto Breaking News.

Mar 16, 2023 02:10

After Presidential Rebuke, Nigeria’s Central Bank Says Demonetized Naira Banknotes Still Legal Tender

The Nigerian central bank has said the recently demonetized ?200, ?500 and ?1,000 banknotes will remain legal tender until Dec. 31, 2023. The central bank statement, which reaffirms a Supreme Court ruling that extended the lifespan of the demonetized naira banknotes, followed a rebuke of the CBN by the outgoing Nigerian president, Muhammadu Buhari. Central [...]

The post After Presidential Rebuke, Nigeria’s Central Bank Says Demonetized Naira Banknotes Still Legal Tender appeared first on Crypto Breaking News.

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