International credit rating agency, Fitch Ratings, has projected that the Nigerian currency, the naira, will end the year at 1,450 to the United States of American...
The naira on Thursday continued its downward trend against the United States dollar, depreciating to N1,309/$ at the official market and N1,420 at the parallel market....
The Federal Government on Monday initiated proceedings against Binance, a prominent cryptocurrency exchange platform over tax evasion. The charges were filed at the Federal High Court...
The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain against the...
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender in Nigeria...
The Supreme Court gave the order in a suit filed by three APC-controlled states – Kaduna, Kogi and Zamfara. The Supreme Court Wednesday gave an...
The House of Representatives has rejected the February 10 deadline for the phasing out of old currency notes announced by the Central Bank of Nigeria on...
The Governor, Central Bank of Nigeria, Godwin Emefiele, has announced that the bank would release re-designed Naira notes by December 15, 2022. He also said...
The Central Bank of Nigeria (CBN) will launch an upgrade for the eNaira next week, according to reports gathered by EarthNews. The upgrade will allow the...
Members of the House of Representatives have asked the Central Bank of Nigeria to reinforce the use of coins in the country, to tackle inflation and...