Tag: naira

LAGOS- The Naira depreciated against the dollar on Monday, exchanging for N464 at the investors’ and exporters’ window. The rate represented a decrease of 0.36...

By NICHOLAS DECHI MAKURDI- Gov. Samuel Ortom of Benue, has called on the Central Bank of Nigeria (CBN) to extend the deadline of the use...

The Central Bank of Nigeria (CBN) has vowed to sanction commercial banks still dispensing old Naira notes ahead of the Jan. 31 deadline for...

National Orientation Agency (NOA) in Gombe State has commenced sensitisation on the Central Bank of Nigeria’s cashless policy and the re-designed naira notes. NOA Director...

By LYDIA NGWAKWE LAGOS- The naira on Monday appreciated against the dollar at the Investors and Exporters window, exchanging at N445.38. The figure represents an appreciation...

By ABDULRAHMAN KADIRI ABUJA- As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign...

By FABIAN EKERUCHE LAGOS- The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to float the...

The Nigerian Patriotic Quest (NPQ), a group of Nigerian professionals based in the diaspora, has refuted claims in certain quarters that Central Bank Governor,...

Dr Ifeanyi Nwamba, the Chief Medical Director of Imo State University Teaching Hospital (IMSUTH), Orlu, says Gov. Hope Uzodimma has upgraded the facility with...

Naira has suffered a loss against the dollar at the official market on Tuesday. The local unit exchanged hands with the foreign currency at N415.07...

The Nigerian naira on Monday recorded a loss against the dollar at the parallel market. The naira exchanged N570/$1 compared to N565/$1 recorded as of...

Nigerians are facing hydra-headed challenges on all fronts: debilitating insecurity, extreme poverty, hyperinflation, high cost of food and essential consumables, diminishing trust in government...

The Nigerian Naira marginally depreciated against the US dollar to close at N415.10/$1 on Tuesday at the Investors and Exporters window. This represents a 0.01%...

The Central Bank of Nigeria’s eNaira website has gone live ahead of the October 1 official launch. According to the website, www.enaira.com, “eNaira is a...

The ‘Naira for Dollar’ policy of the Central Bank of Nigeria (CBN) has led to positive accretion to the foreign reserves exactly one month...

Polaris Bank has commenced implementation of the Central Bank of Nigeria’s (CBN) ‘Naira 4 Dollar Scheme’ under which recipients receive N5 for every dollar...

It would seem harsh to judge the Central Bank of Nigeria (CBN) solely by its intentions, especially in the last four or five years.  In...

The Central Bank of Nigeria (CBN) defended the naira in six months with $10.3 billion intervention in the inter-bank foreign exchange market, its half-year...

The naira has lost against the U.S. dollar. The naira on Wednesday lost against the dollar at the Investors & Exporters window (I&E) of...

The Naira exchanged N500/$1 at the parallel market on Friday, November 27, 2020, to see it crash to an all time low, according to...