Tag: naira

LAGOS (Sundiata Post) - The lawsuit filed by a Lagos-based lawyer, Malcom Omirhobo, challenging the use of Arabic inscriptions on Naira notes, at the Federal High Court sitting in Lagos ...

ABUJA (Sundiata Post) - Yesterday, the Naira strengthened to N1,550 per dollar in the parallel market, up from N1,560 per dollar on Wednesday. Similarly, the Naira appreciated N1,554.55 per dollar ...

ABUJA (Sundiata Post) - The Central Bank of Nigeria (CBN) has issued a warning that it will penalize deposit money banks (DMBs) that reject mutilated naira notes. In a statement ...

ABUJA (Sundiata Post) - Yesterday, the Naira's value in the parallel market dropped to N1,520 per dollar, down from N1,515 per dollar on Tuesday. Similarly, the Naira depreciated to N1,512.61 ...