Tag: Naira

In order to maintain stability in the exchange rate, the Central Bank of Nigeria (CBN) spent a total of $17.81billion on interventions at the inter-bank foreign exchange market in 2022 ...

present-day dollar to naira exchange rate. See the black market Dollar to Naira exchange rate for June 27th below to find out what the rate is at the so-called "parallel ...

BY:OlORUNoje MARIAM KOFOWORAOLA It has been noted that governments in the majority of developing economies have repeatedly altered their currencies over time. Redesigning the currency was viewed as a way ...

The apex court also nullified the Federal Government’s naira redesign policy, declaring it as an affront to the 1999 Constitution. Justice Emmanuel Agim, who read the lead judgement, held that ...

• Says security agencies will determine fate of governors, others over treasonable utterances• Bawa: Over N500bn old naira notes yet to be returned to CBN While the nation awaits decision ...

The cashless policy introduced by the Central Bank of Nigeria (CBN) has triggered a squeeze in cash in circulation, leaving traders and buyers stranded, with many of them now resorting ...

The House of Representatives has threatened to use the full wrath of the law to issue arrest warrants against the Governor of the Central Bank of Nigeria (CBN), Godwin Emeifile ...