Godwin Emefiele, the governor of the Central Bank of Nigeria, announced February 10 as the new extension date for old naira notes to lose their legal status....
The Central Bank of Nigeria and President Buhari have unveiled the new look of the redesigned 1000, 500, and 200 naira notes. The ₦1000 note has a blue...
Nigeria has recorded just a few cases of coronavirus compared to other countries, but the global pandemic’s growing impact on its economy is far more significant....
The Central Bank of Nigeria (CBN) has revealed that spraying naira notes is an offence punishable by 6 months in jail. The Cable reports that the Acting...
In this video, Tito Madu, shares this makeup tutorial using only Nigerian make-up brands. She also announces the winner of her last giveaway competition. With a...
The Naira on Friday remained stable at the parallel market, exchanging at N485 to a dollar. The Pound Sterling and the Euro closed at N602 and...
Nigeria’s Naira hit its weakest level on the black market in more than a week at 460 to the dollar on Wednesday, as a Central Bank...
The Naira on Wednesday weakened further against the dollar at the parallel market, barely 24 hours after the Central Bank of Nigeria (CBN) moved for the...
Abuja, April 22, 2016 (NAN) President Muhammadu Buhari on Friday said he was yet to be convinced that the vast majority of ordinary Nigerians would derive...
The Naira on Friday appreciated slightly against the dollar at the parallel market end of the foreign exchange market. The News Agency of Nigeria (NAN) reports...
Idealism is fine, but as it approaches reality the cost becomes prohibitive. – William Frank Buckley, Jr. Since late 2014, our currency – the Naira, has...
“My brother, e ku exchange rate oh.” “Excuse me?” “I am greeting you. I am saying how are you and the exchange rate palaver. The dollar...
The Nigerian Naira is on a free fall in the parallel market, while official interbank rates remain stable. According to Vanguard, the demand for dollars to pay...
Yesterday at the Bankers’ Committee meeting in Abuja, the members – the CBN (Central Bank of Nigeria) and DMBs (deposit money banks) decided to suspend Forex –...
Did you notice all the emails from your banks last week telling you that 1- you can deposit foreign currency again in your domiciliary account and...
A recent email sent by Standard Chartered Bank Nigeria to its customers has revealed the Central Bank of Nigeria‘s plan to halt all foreign (non-Naira) transactions...
In order to cut costs, President Muhammadu Buhari has announced that for this year’s hajj in Saudi Arabia, there would be no federal government delegation. With...
According to a report by Daily Times, the Naira-Dollar exchange rate now ranges between N250 – N265 to $1. The report further states: The official market...
The Naira appreciated against the Dollar at the official and the parallel markets as at close of trading on Friday. The News Agency of Nigeria (NAN)...
As Nigeria’s currency – the Naira continues to fall against the US Dollar, almost everyone has been feeling the pinch. The postponement of the 2015 general...
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