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CBN denies devaluing naira

The Central Bank of  Nigeria (CBN) has dispelled rumours that it devalued the Naira, describing the news as fake.  …

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CBN pushes additional N701bn back into circulation in March 2023

Nigeria’s currency in circulation increased to N1.68 trillion in March 2023, a 71.4 per cent rise from the previous month.…

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No plans to phase out redesigned Naira notes – CBN

The Central Bank of Nigeria (CBN) says no plans to phase out the redesigned Naira notes from circulation.   CBN’s…

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Scarcity of new naira notes hits FCT, residents cry out

Some residents of Abuja and its environs have lamented the scarcity of the new naira notes. The Central Bank of…

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Naira appreciates marginally against dollar

Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors’ and exporters’ window. The rate represented an…

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Naira drops against dollar by 0.46%

The Naira depreciated against the dollar on Monday, exchanging for N463.50 at the investors’ and exporters’ window. The rate represents…

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Naira gains against dollar by 0.03%

The Naira appreciated against the dollar on Friday, exchanging for N461.38 at the investors’ and exporters’ window. The rate represented…

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Naira gains against dollar by 0.03%

The Naira appreciated against the dollar on Friday, exchanging for N461.38 at the investors’ and exporters’ window. The rate represented…

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Naira crunch: Reps call for overhaul of banking online systems

The House of Representatives has urged the Central Bank of Nigeria (CBN) to direct commercial banks to overhaul the existing…

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Old Naira notes: Banks yet to recirculate, as residents comply to accept

Residents in Lagos State on Tuesday began to accept the old N200, N500 and N1,000 banknotes for transactions, following a…

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