President Muhammadu Buhari Sunday said the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace high-value naira notes had his support. ...
*Insists due approval sought, obtained from Buhari *Moghalu backs apex bank, says policy will address insecurity The Central Bank of Nigeria (CBN) yesterday urged Nigerians to...
The Central Bank of Nigeria has said the only approval it requires for its planned redesign of the naira is that of the President which it...
The naira has dropped to a record low of N742 per dollar at the parallel section of the foreign exchange market, popularly called the black market....
Nigerians will not be able to use their Naira debit cards for international transactions as scarcity of foreign exchange (forex)worsens in Africa’s largest economy and biggest...
The Central Bank of Nigeria injected $7.6bn into the economy to stabilise the value of the naira in five months. This was obtained in the banking...
As the issue of trapped $464m foreign airlines’ funds lingers, British Airways may stop flying to Nigeria as from December 1, 2022. The United Kingdom airline...
The Naira on Friday appreciated against the dollar at the Investors and Exporters window, after remaining constant in value for two days. The naira exchanged at...
The Economic and Financial Crimes Commission has threatened to arrest Nigerians hoarding dollars and other foreign currency. Chairman of the anti-graft agency, Abdulrasheed Bawa, made this...
The naira, on Tuesday, sustained its momentum at the parallel market, appreciating to N665 per dollar a few days after security operatives raided Bureaux De Change (BDC) hub...
