Tag: Naira

The new note was unveiled by President Jonathan on November 12.

“For the CBN to hold the exchange rate band at all cost within its target band of N150-N160 to the ...

“All I get from my customers are N1000, N500 notes, even when they buy little things like soap and biscuits. ...

The N200, N100, N50 notes are to be supplied to the public. The Central Bank of Nigeria, CBN, says it ...

The naira traded at N169 on Friday. The naira appreciated against the dollar at the official and parallel markets on ...

The Naira also exchanged at N272 to British Pounds. The Nigerian currency, the Naira traded firmly against the dollar at ...

The federal, states, and local governments shared N1.196 trillion for August and September. The 36 states and the Federal Capital ...

On Friday, June 7, the interbank foreign exchange market closed with 159 naira exchanging for 1 US dollar. Close watchers ...

The Polymer notes were engulfed in corruption from the onset. The Central Bank of Nigeria (CBN) is set to phase ...

The naira remained firm against the dollar. The naira appreciated against some major international currencies at the official and black ...

The recent resolution by the House of Representatives calling on the Central Bank of Nigeria (CBN) to stop the "dollarisation" ...

Wale Babalakin is being prosecuted for alleged involvement in money laundering of N4.7 billion A Lagos High Court has adjourned ...

A Nigerian agency, BPE, is accused of not obeying a Supreme Court ruling judiciously. BFIGroup Corporation, the American-Nigerian consortium recently ...

Naira traded at about N158.50 to the dollar as at Thursday. Nigeria's Naira has remained relatively stable, even after the ...

“The members of the social club also discussed Achebe's latest book... They did not necessarily agree, but agreed to do ...

Nigeria’s Senate said it believes that powerful “godfathers” are behind the pension fraud.

The suspects are accused of collecting billions as subsidy payment without importing any petrol.

After several weeks of the performance from participants, a winner emerged yesterday.

The accused is being arraigned for involvement in multiple scams

No amount of opposition by Nigerians will make the FG change its stance, minister says.

Joseph Daudu says the new N5,000 note will promote money laundering.

“The leadership of Nigeria’s apex bank seems to court and acquire more powers than is relevant to its basic functions”.

CBN's decision to introduce N5000 note early next year did not excite Nigerian economists. 

The N5000 note will bear the faces of three prominent Nigerian female activists.