Naira

Nigeria central bank to intervene in forex market, lifts forex ban on 43 items

The Central Bank of Nigeria  said on Thursday it plans to intervene in the country's foreign exchange market occasionally to…

3 years ago

CBN bows to pressure, says old N500, N1,000 notes still legal lender

The Central Bank of Nigeria, which has been critised for failing to obey a Supreme Court ruling on its naira…

3 years ago

Old naira notes: We’ve no cash – Fidelity Bank

Despite the directive of the Central Bank of Nigeria (CBN) to commercial banks and other concerned financial institutions to accept…

3 years ago

Naira scarcity: Alimosho PRP House of Rep candidate calls for calm

The People’s Redemption Party (PRP) candidate for the Federal House of Representatives, Alimosho Federal Constituency, Hon. Boniface Okparaku has called…

3 years ago

New naira notes: Buhari ask for one week to resolve crisis

President Muhammadu Buhari on Friday said Nigerians should give him seven days to resolve the cash crunch caused by the…

3 years ago

Naira swap: Engage more money agents, Osinbajo advises banks

Vice President Yemi Osinbajo has urged banks to deploy more money agents to address the chaotic situation that has characterised…

3 years ago

We are not opposed to naira redesign – Govs

The Nigeria Governors’ Forum (NGF) has stated that it was not against the Central Bank of Nigeria's (CBN) naira redesign…

3 years ago

It’s imperative for CBN to redesign Naira, says expert

It is important for the Central Bank of Nigeria (CBN) to redesign the country's currency to tackle the challenge  of…

4 years ago

Naira stable at $/N436.50 in I&E forex window

The Naira remained constant on Thursday, exchanging at N436.50 to the dollar at the Investors and Exporters Window. It remained…

4 years ago

Naira weakens further against dollar, exchanges at N434.75

The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N434.75. The figure represents…

4 years ago

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