The Central Bank of Nigeria said on Thursday it plans to intervene in the country’s foreign exchange market occasionally to boost liquidity, while ending an eight-year...
The Central Bank of Nigeria, which has been critised for failing to obey a Supreme Court ruling on its naira redesign policy, on Monday night instructed...
Despite the directive of the Central Bank of Nigeria (CBN) to commercial banks and other concerned financial institutions to accept and pay out old higher banknotes,...
The People’s Redemption Party (PRP) candidate for the Federal House of Representatives, Alimosho Federal Constituency, Hon. Boniface Okparaku has called for calm in the wake of...
President Muhammadu Buhari on Friday said Nigerians should give him seven days to resolve the cash crunch caused by the Central Bank of Nigeria’s decision to...
Vice President Yemi Osinbajo has urged banks to deploy more money agents to address the chaotic situation that has characterised the redesign of the local currency. ...
The Nigeria Governors’ Forum (NGF) has stated that it was not against the Central Bank of Nigeria’s (CBN) naira redesign policy. Aminu Tambuwal, Interim Chairman of...
It is important for the Central Bank of Nigeria (CBN) to redesign the country’s currency to tackle the challenge of huge volume of cash that is...
The Naira remained constant on Thursday, exchanging at N436.50 to the dollar at the Investors and Exporters Window. It remained unchanged from its value on Wednesday....
The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N434.75. The figure represents a decrease of 0.75 per cent,...