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Naira

Binance Now Accepts Naira For Deposits And Withdrawals

On November 7, 2022, Binance, the largest cryptocurrency exchange company in the world, announced that it now supports naira deposits and withdrawals. In order...

Naira Now Among Worst Performing Currencies Globally, Report Reveals

While officially, Nigeria’s naira can be said to be doing well this year, down just 4 per cent against a strong US dollar, ahead...

Facts You Need To Know About New Naira Notes

Eight Quick Facts About New Naira NotesIt is no longer news that the Central Bank of Nigeria (CBN) has announced the coming of new...

CBN To Redesign Three Naira Notes

The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes.CBN Governor, Godwin Emefiele, disclosed this during...

Naira Loses value, depreciates by 0.46%

The naira on Tuesday exchanged at N441.17 to the dollar at the investors and exporters window, a depreciation of 0.46per cent, compared with N439.17...

EFCC Threatens to Arrest dollar Hoarders as Naira Continues to fall

The Economic and Financial Crimes Commission (EFCC) has threatened to arrest Nigerians hoarding dollars and other foreign currency.The Chairman of the anti-graft agency, Abdulrasheed...

Senate Summons Emefiele As Naira Depreciates to N710/$

The Senate has resolved to summon the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to explain the reasons for the rapid...

CBN Clarifies Stand on Using Naira To Buy US Dollar

The Central Bank of Nigeria (CBN) has clarified the statement made by the Governor, Godwin Emefiele, at Tuesday’s post-Monetary Policy Committee (MPC) meeting briefing,...

Naira Depreciates further to N614/1$ at Parallel Market

The Nigerian naira has dropped to N614 against the dollar at the parallel section of the foreign exchange market.The figure signifies a depreciation of...

Naira Depreciates Against Dollar, Exchanges At N419

The Naira on Thursday depreciated at the Investors and Exporters window exchanging at N419 to the dollar, a 0.24 per cent depreciation, weaker than...

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