Currency in circulation within the Nigerian banking sector surged to ₦5.24 trillion in January 2025, marking…
Category: Naira
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Weak Naira Is Good, Many People Can’t Travel Again – Tinubu’s Aide
The Special Adviser to the President Bola Tinubu on Economic Matters, Tope Fasua, has said a…
Why Naira Is Bouncing Back Massively Against Dollars – Bankers
The newly implemented foreign exchange market system by the Central Bank of Nigeria (CBN) has been…
Fresh Cash Scarcity Hits States In Nigeria (See Affected States)
Residents of some states in the country have been affected by fresh naira scarcity despite increased…
Weak Naira Has Certain Advantage – CBN Gov
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Thursday revealed that the…
Naira Depreciates By 8.24% Against Dollar At Official Market
The Nigerian naira faced a significant depreciation in the official market on Wednesday, trading at ₦1,669.15…
Naira Appreciates To ₦1,640 Against US Dollar In Parallel Market
The Nigerian currency, the Naira saw a rise to ₦1,640 per dollar in the unofficial market,…
Wale Edun, Lokpobiri, Kyari, Meet Over NNPCL Sales Of Crude Oil In Naira
The Minister of Finance and Coordination Minister of the Economy, Wale Edun, has convened a high-level…
CBN Sells Dollar To Access, FBN, Fidelity, 23 Other Banks, Disqualifies Six (Full List)
The Central Bank of Nigeria (CBN) has confirmed that it sold foreign exchange (FX) to banks…
Naira Loses 40% Of Value Against Dollar In First Half Of 2024
The Naira depreciated by over 40 percent in the first half of 2024 in the foreign…