Tag: CBN, Naira, Nigerians
CBN: Nigerians who abuse Naira risk jail term
Akanji PhilipDec 14, 2022
Central Bank of Nigeria (CBN) has read riot act to Nigerians abusing the naira, saying such persons, if caught, are liable to go to jail. It warned that...
Breaking: Naira bounces back slightly against dollar
Akanji PhilipDec 13, 2022
The naira on Monday exchanged at N446 to the dollar at the Investors and Exporters window in Lagos, Southwest Nigeria. The figure represented an...
Naira drops deeper to dollar
Abdulqudus HamzatDec 09, 2022
The naira on Thursday exchanged at 446 to the dollar at the Investors and Exporters window, a depreciation of 0.04 per cent, compared with the 445.83 it exchanged on...
Naira remains unchanged, rate at N445.30/$
Abdulqudus HamzatDec 01, 2022
The naira remained unchanged on Wednesday, exchanging at 445.30 to the dollar at the Investors and Exporters Window. The local currency did not change from its value on...
Viral Video of damaged Naira surfaces after CBN declared Naira redesign
Abdulqudus HamzatNov 28, 2022
A new video that’s trending online shows bags of damaged Naira notes that were discovered weeks after CBN announced and unveiled newly re-designed N200, N500, and...
What Shall It Profit Naira If It Can Get A Whole New Colour And Still Lose Its Value – Shehu Sani
VAM NewsNov 23, 2022
VOICE AIR MEDIA Former Nigerian lawmaker, Senator Shehu Sani, has reacted to the newly redesigned naira notes that were unveiled today, November 23. It was earlier...
Bandits demand New Naira Note as kidnappings increase in Nigeria
Abdulqudus HamzatNov 23, 2022
A handful of suspected terrorists have kidnapped four people from Kolo village in Gusau Local Government Area of Zamfara state. The Punch reports that the residents of...
Naira depreciates further against Dollar (See Exchange Rate)
Abdulqudus HamzatNov 23, 2022
The naira on Tuesday depreciated against the dollar at the Investors and Exporters window, exchanging at N445.50. The figure represents a depreciation of 0.03 per cent...
New Naira issuance date likely to change– Emefiele
Abdulqudus HamzatNov 23, 2022
The governor of the Central Bank of Nigeria, Godwin Emefiele, has said the new naira notes might go into circulation before the December 15 date. Emefiele stated this...
Osinbajo blames CBN management as Naira value declines again
Abdulqudus HamzatNov 15, 2022
Vice-President Yemi Osinbajo has made a passionate call to the Central Bank of Nigeria to fix Nigeria‘s foreign-exchange market. Osinbajo has been critical of...