Commercial banks in Nigeria have announced the resumption of international transactions on their naira cards. After years of suspension, United Bank of Africa (UBA), Wema Bank, and GTBank …
Naira
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The Central Bank of Nigeria (CBN) has reaffirmed that all denominations of Naira banknotes, including old and new designs, will remain valid as legal tender indefinitely. This clarification …
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Business News
Naira makes heavy recovery against Dollar with CBN’s New Directive
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The Naira has significantly appreciated in value against the US Dollar following the Central Bank of Nigeria’s (CBN) implementation of a new policy. The Central Bank of Nigeria’s …
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The Central Bank of Nigeria has published a directory of its branches across the country. This directory provides contact information and email addresses for each branch. The purpose …
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Business News
Naira Struggles at N2,200 against British Pound [Rates today]
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The naira broke through the N2,180 barrier and began Thursday’s session at the lower end of its range against the British pound sterling. The pound was trading at …
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The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old N200, N500, and N1,000 banknotes will cease to be legal tender on December 31, 2024. …
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Business News
Good News as Customs Slashes Exchange Rate To Clear Goods at Ports
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The Central Bank of Nigeria (CBN) has reduced the exchange rates for cargo clearance at the nation’s seaports and airports. According to information on the official trade portal …