Naira

Naira stages a comeback as dollar crashes at parallel market to N730

The naira, which has been falling against major currencies in the past two weeks, has staged a comeback, recording gains…

2 years ago

Buhari predicts victory for Tinubu, says no going back on naira redesign

PRESIDENT Muhammadu Buhari yesterday explained why the All Progressives Congress (APC) presidential candidate in next year’s poll, Asiwaju Bola Tinubu,…

2 years ago

Arrest embarrassing naira depreciation now, Clark tells CBN

Elder statesman and convener of the Pan Niger Delta Forum (PANDEF), Edwin Clark, has challenged the Central Bank of Nigeria…

2 years ago

New naira notes to be printed locally, says CBN

•Policy targeted at opposition, says Obaseki There is no plan to print the proposed new naira notes outside Nigeria, a Central…

2 years ago

Naira redesign: Dollar scarcity hits BDCs, sells at N818/$

The naira has dropped to N818/$1 at the parallel market in Abuja and N815 in Lagos after the Central Bank…

2 years ago

CBN Has My Backing For Redesigning Naira Notes – Buhari

President Muhammadu Buhari Sunday said the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace…

2 years ago

Naira Redesign in Overall Interest of Nigerians, Economy – CBN

*Insists due approval sought, obtained from Buhari  *Moghalu backs apex bank, says policy will address insecurity The Central Bank of…

2 years ago

We only need presidential, not ministerial approval for naira redesign; CBN replies finance minister

The Central Bank of Nigeria has said the only approval it requires for its planned redesign of the naira is…

2 years ago

Forex scarcity bites harder, as Naira hits N742/$ at parallel market

The naira has dropped to a record low of N742 per dollar at the parallel section of the foreign exchange…

2 years ago

Forex Scarcity: Banks Suspend International Transactions On Naira Debit Cards

Nigerians will not be able to use their Naira debit cards for international transactions as scarcity of foreign exchange (forex)worsens…

2 years ago