CBN gives fresh directive to banks, Nigerians on old, new naira notes
The Central Bank of Nigeria (CBN) has issued a new order to all banks and Nigerians concerning the acceptance of…
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Naira
JUST IN: Old, new naira notes remains legal tender till further notice – Supreme…
The Supreme Court declared on Wednesday that both old and new naira notes will continue to be legal tender.
The…
Naira’s fall to Dollar continues
The naira, Nigeria's currency, fell against the US dollar in the foreign exchange market on Wednesday.
According…
Naira slums further against dollar, loses N81
The naira, Nigeria's currency, fell against the US dollar in the foreign exchange market on Tuesday.
According…
Official Rate: Naira appreciates to N792/$1
The Nigerian naira strengthened against the US dollar, finishing at N791.75/$1 in the official market.
The naira…
BREAKING: Old N200, N500, N1000 notes remains legal tender ad infinitum –…
The Central Bank of Nigeria (CBN) has stated that old naira banknotes will continue to be legal money.
According…
Naira continues free fall despite 46% rise in dollar turnover
On Monday, the amount of dollars transacted in the Investor & Exporter FX market increased by 46.69% to…
Dangote, 7 other famous firms loses over N918.1bn to naira collapse
Following a 68.55 percent decrease in the value of the naira versus the dollar as of the end of September 2023,…
BDC operator urges for coordinated action to stabilize the naira
Alhaji Murtala Bashir, managing director of 313 Bureau de Change, has emphasized the importance of concerted…
Naira slumps to N1140/$ at black market
Despite recent measures by the Central Bank of Nigeria, CBN, to improve the foreign exchange market, the naira…