All posts tagged "NAIRA"
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41NewsEFCC arrests BDC operators as naira hits 1,416/$
Operatives of the Economic and Financial Crimes Commission (EFCC) picked up some Bureau De Change (BDC) operators at the Wuse Zone 4...
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52Business
Naira rises to 1,609/$ in official market
The Naira on Wednesday, recorded a marginal appreciation against the dollar to N1,609 on Wednesday at the official market. It is an...
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41News
CBN orders banks to sell excess dollars in 24 hours
The Central Bank of Nigeria (CBN) has instructed Deposit Money Banks to sell off their excess dollar stock by February 1, 2024....
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33Business
Naira depreciates to N1,240/$ in official market
The Naira on Thursday, depreciated to N1,240 per dollar in the parallel market. This represents a drop from N1,235 per dollar on...
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36Business
Naira scarcity: CBN probes banks, PoS operators
The Central Bank of Nigeria (CBN) has said it is investigating collusion between the banks and Point-of-Sale (PoS) operators over the current...
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35Business
CBN warns Nigerians over fake Naira notes
The Central Bank of Nigeria (CBN) on Friday warned Nigerians over the circulation of counterfeit naira notes, amid reports of currency shortage...
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68Business
CBN extends use of old N200, N500, N100 notes indefinitely
The Central Bank of Nigeria (CBN) has announced the extension of old naira notes until further notice. An official statement reads: “This...
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79Business
CBN clears air on plan to redenominate the Naira
The Central Bank of Nigeria (CBN) has rubbished rumours claiming it is planning to redenominate or restructure the naira notes in 2024....
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113Business
Nigeria’s inflation rate spikes to 26.72%
Nigeria’s inflation rate on Monday, rose to 26.72 per cent, the National Bureau of Statistics (NBS) revealed. This represents a 0.92 per...
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167Business
Naira will bounce back, stronger than dollar soon – Adeboye
Pastor Enoch Adeboye, the General Overseer of Redeemed Christian Church of God (RCCG), has predicted that the Naira will bounce back and...
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68News
Naira scarcity: NLC suspends nationwide strike
The Nigeria Labour Congress (NLC) has confirmed the suspension of the planned nationwide strike over the scarcity of naira notes. NLC announced...
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72Business
Naira scarcity: CBN evacuates more notes to banks
The Central Bank of Nigeria (CBN) on Friday said it has evacuated banknotes from its vaults to commercial banks across the country....
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73Business
CBN gives operational guidelines on open banking
The Central Bank of Nigeria (CBN) has issued operational guidelines for open banking in Nigeria. NAN reports that the guidelines establish principles...
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83Entertainment News
Kelvin Ikeduba blows hot over naira confusion in the country (video)
Kelvin Ikeduba, a Nigerian actor, has voiced his frustration and disappointment regarding the chaotic situation surrounding the Naira in Nigeria. On his...
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98News
Naira loses further to dollar by 0.08%
On Friday, the naira was worth N461.75 to the dollar at the Investors and Exporters window. The rate represented a 0.08 percent...
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101Entertainment News
Falz, Tude Ednut and others Respond to Aisha Buhari’s posts on fake news about old naira notes
In a now deleted post, the first lady of Nigeria, Aisha Buhari posted a statement on her Instagram page informing Nigerians to...
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78Entertainment News
‘Please, Valentine is around the corner’ – Netizens react as CBN lists bouquet as Naira abuse
Netizens have taken to social media to express mixed feelings about the Central Bank of Nigeria’s latest ruling about the abuse of...
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107Entertainment News
‘Destroying ATM machines is not the answer’- Yul Edochie advises Nigerians on Naira scarcity
In the wake of the scarcity of Naira notes that have been creating unnecessary hardship and causing youths to stage protests and...
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64Business
CBN increases weekly cash withdrawal limit to N500,000
The Central Bank of Nigeria (CBN) on Wednesday, increased the maximum weekly limit for cash withdrawals across by individuals to N500,000 and...
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59National
FG to ban cash withdrawals from government accounts
The federal government wants to stop cash withdrawals from federal, states and local government accounts, according to the Nigerian Financial Intelligence Unit...
