TAG
Naira
In Defence of the Naira as CBN fight back
By Adefolarin A OlamilekanEconomists care much about the health and how nation's manage five mechanisms around their currency stability; that is, devaluation, revaluation, depreciation,...
CBN Dismisses Reports Of Naira Devaluation
The Central Bank of Nigeria (CBN) has reacted to reports claiming that it has devalued the naira to about 630 naira to a dollar.The...
CBN Devalues Naira To 630/$1 48hrs Into Tinubu’s Regime
The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters...
No Plan To Phase Out Redesigned Naira Notes — CBN
The Central Bank of Nigeria has called on the public to reject reports suggesting a withdrawal of the recently redesigned Naira notes from circulation.In...
BREAKING: Old Naira Notes Remain Legal Tender – CBN
The Central Bank of Nigeria (CBN) on Monday disclosed that the old N200, N500 and N1000 notes remain legal tender until December 31, 2023.CBN...
We Have Not Directed Banks To Issue Old Notes – CBN
The Central Bank of Nigeria (CBN) Tuesday said it has not issued a fresh directive to commercial banks on last Friday’s judgment of the...
Supreme Court Judgement On Naira Policy A Welcoming Idea – Kano Petty Traders
By Jabiru Hassan,Kano.In kano state, petty traders and other residents jubilates when the Supreme Court makes it's final judgement on the issue of naira...
Amidst Naira Crunch, NRC Rejects Bank Transfer
Despite the adoption of cashless payment systems across different segments of the country, the Nigerian Railway Corporation has insisted on cash payment for its...
Lagos gov’t pledges to support vulnerables with food over Fuel, Naira crises
Lagos State Governor, Babajide Sanwo-Olu, has said that vulnerable Lagosians that are highly impacted by the current naira and fuel scarcity will be given...
A’Ibom: Police teargas depositors at CBN as businesses reject old Naira notes
By Odo Ogenyi, UyoThousands of Akwa Ibom residents who on Wednesday thronged the Uyo branch of the Central Bank of Nigeria to deposit their...