Tag: Naira

Governor Abiodun had vowed to deal with "every market, trader, petrol station, banker" refusing old naira notes

Cost of sales, totalling N337.3 billion, gulped N60.4 billion.

Amid the uncertainty, banks and business owners continue to express worry about the silence of the apex bank and the ...

Naira appreciated by 0.09 per cent at the authorised market on Monday to close at N461.33 per $1.

The APC directorate said farmers incurred losses during the implementation of the policy.

Naira declined to N461.75 per $1 at the spot market on Friday, but appreciated to N740.00 at the unauthorised window

"The company has a liability to exchange Naira to US dollars in the local market,” it said.

President Muhammadu Buhari had snubbed the order of the Supreme Court suspending the deadline for use of the old naira ...

NESG urged the CBN to reconsider prolonging the usage of the old notes side-by-side with the new notes.

Godwin Emefiele, governor of Central Bank of Nigeria (CBN). The CBN's assumption that Nigeria can quickly and easily transition to ...

The new directive is expected to increase the circulation of the N200 note and simplify business transactions

"We got here because President Muhammadu Buhari has messed up to have allowed this type of fiasco to exist on ...

"We wish to state categorically that at no time did the CBN Governor disclose this during his presentation to the ...

The NSA says soldiers are deployed in places where they cannot actually access digital means of paying for their daily ...

ICPC arrested the suspects for suspected currency racketeering in Osogbo, Osun State, and Abuja.

The governors expressed concerns about the impact of the chaos at banks and ATM points on Nigerians.

The protest has spread to major areas in the ancient city such as Agodi-Secretariat, Iwo road, Idi Ape and Bodija.

"The Naira is our legal tender and symbol of national pride. Therefore, let us respect it and handle it with ...

While POS operators in major cities have no cash, crowds remain in banks as Nigerians lament scarcity of the new ...

Naira closed at N461.50 per $1 at the spot market on Tuesday, the same rate it traded in the previous ...

The banks said that branches will operate this weekend to receive old Naira notes

Naira depreciated against the U.S dollar by 0.16 per cent on Friday

Naira depreciated against the U.S dollar by 0.09 per cent on Wednesday.

Naira recorded no visible movement against the greenback at the official market on Monday