On Wednesday, the Nigerian Naira experienced a decline in value when compared to the United States Dollar at the Investors and Exporters window. The...
Thursday’s rate for the naira at the Investors and Exporters window was N464.67 to the dollar. The value of the local currency remained unchanged...
The Central Bank of Nigeria (CBN) has refuted claims of devaluing the. Earlier reports suggested that the CBN had devalued the Naira, lowering its...
The Nigerian Naira showed a slight appreciation against the US dollar on Tuesday. At the Investors’ and Exporters’ window, the Naira was exchanged at...
…..Abuse Naira and Go To Jail The Central Bank of Nigeria (CBN) yesterday warned that those abusing the naira were liable to go to jail. The...
Muhammadu Buhari has finally unveiled the new N200, N500, and N1000 naira notes in Abuja. The new Naira notes were presented precisely 28 days after the...
Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN, has said that bank is not going back on its word as to deadline set for...
The intended redesign of the national currency, according to Economic and Financial Crimes Commission (EFCC) Chairman Abdulrasheed Bawa, might drive the United States Dollar (USD) to...
By Funmilayo Olusanya It is anticipated that the Central Bank of Nigeria, CBN, will have destroyed about N6 trillion worth of damaged and outdated banknotes when...
By Funmilayo Olusanya Mrs. Zainab Ahmed, the minister of finance, budget, and national planning, has claimed she was unaware of the Central Bank of Nigeria’s (CBN)...