The Central Bank of Nigeria has ordered Deposit Money Banks not to pay customers making over-the-counter withdrawals of new naira notes again. Instead, the apex...
According to operators, the Nigerian naira exchanged to the dollar for 770 at the parallel market on Wednesday, thereby dropping downwards. Some Bureau de Change (BDC)...
As the Central Bank of Nigeria (CBN) introduces new naira banknotes, some financial experts have commended the effort put into the redesign and said it...
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 Nigerian naira appreciated on Thursday 8th September, 2022 against the dollar at the Investors and Exporters window, exchanging at N436.32 compared with N436.50 on Wednesday,...
The Central Bank of Nigeria (CBN) has assured that it would continue to make deliberate efforts in the foreign exchange sector to avert further downward slide...
Figures obtained from the Central Bank of Nigeria have revealed that the country’s external reserves hit a seven-month low after falling to $38.57bn on Monday. Findings...
The Central Bank of Nigeria (CBN) is contemplating a series of options to push the adoption of the eNaira, including the possibility of making it a...
The Naira appreciated against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market by 0.16 per cent or 66...
The naira has been facing consistent downslope for quite some time. On Thursday, it slides again to N575 despite assurances by the Central Bank of Nigeria...