News
Operatives of the Economic and Financial Crimes Commission (EFCC) picked up some Bureau De Change (BDC) operators at the Wuse Zone 4 market on...
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All posts tagged "NAIRA"
Business
The Naira on Wednesday, recorded a marginal appreciation against the dollar to N1,609 on Wednesday at the official market. It is an increase from...
News
The Central Bank of Nigeria (CBN) has instructed Deposit Money Banks to sell off their excess dollar stock by February 1, 2024. This comes...
Business
The Naira on Thursday, depreciated to N1,240 per dollar in the parallel market. This represents a drop from N1,235 per dollar on Wednesday. However,...
Business
The Central Bank of Nigeria (CBN) has said it is investigating collusion between the banks and Point-of-Sale (PoS) operators over the current Naira scarcity...
Business
The Central Bank of Nigeria (CBN) on Friday warned Nigerians over the circulation of counterfeit naira notes, amid reports of currency shortage in the...
Business
The Central Bank of Nigeria (CBN) has announced the extension of old naira notes until further notice. An official statement reads: “This is in...
Business
The Central Bank of Nigeria (CBN) has rubbished rumours claiming it is planning to redenominate or restructure the naira notes in 2024. This was...
Business
Nigeria’s inflation rate on Monday, rose to 26.72 per cent, the National Bureau of Statistics (NBS) revealed. This represents a 0.92 per cent spike...
Business
Pastor Enoch Adeboye, the General Overseer of Redeemed Christian Church of God (RCCG), has predicted that the Naira will bounce back and this time...
News
The Nigeria Labour Congress (NLC) has confirmed the suspension of the planned nationwide strike over the scarcity of naira notes. NLC announced the development...
Business
The Central Bank of Nigeria (CBN) on Friday said it has evacuated banknotes from its vaults to commercial banks across the country. This is...
Business
The Central Bank of Nigeria (CBN) has issued operational guidelines for open banking in Nigeria. NAN reports that the guidelines establish principles for data...
Entertainment News
Kelvin Ikeduba, a Nigerian actor, has voiced his frustration and disappointment regarding the chaotic situation surrounding the Naira in Nigeria. On his Instagram page,...
News
On Friday, the naira was worth N461.75 to the dollar at the Investors and Exporters window. The rate represented a 0.08 percent decrease from...
Entertainment News
In a now deleted post, the first lady of Nigeria, Aisha Buhari posted a statement on her Instagram page informing Nigerians to continue spending...
Entertainment News
Netizens have taken to social media to express mixed feelings about the Central Bank of Nigeria’s latest ruling about the abuse of Naira. Earlier...
Entertainment News
In the wake of the scarcity of Naira notes that have been creating unnecessary hardship and causing youths to stage protests and damage bank...
Business
The Central Bank of Nigeria (CBN) on Wednesday, increased the maximum weekly limit for cash withdrawals across by individuals to N500,000 and and corporate...
National
The federal government wants to stop cash withdrawals from federal, states and local government accounts, according to the Nigerian Financial Intelligence Unit (NFIU). The...
