Currency
New ATM tariffs stir anxiety over Nigeria’s economic growth
PoS operators hint on raising service charges Onome Amuge The Central Bank of Nigeria (CBN), recently announced a revision to…
Nigeria’s money supply soars by 48% to record N107.7trn in 2024 -CBN
Onome Amuge The Central Bank of Nigeria (CBN) has released its October 2024 Money and Credit Statistics, revealing a major…
Naira will keep falling if we don’t prioritise Made-in-Nigeria products over imports- Gwadabe, ABCON president
The naira's free-fall in recent times has been nothing short of calamitous, plunging to its worst-ever performance in history in…
Currency outside banks now N4trn, says CBN
Business a.m. Currency outside banks surged by 66.2 per cent in September 2024, reaching N4.02trn compared to N2.42trn in September…
Naira dips to sub-Saharan currency low in World Bank report
Onome Amuge The Nigerian Naira has been identified as one of the worst-performing currencies in sub-Saharan Africa at the end…
SERAP drags CBN to court over missing N100bn dirty notes
Business a.m. The Socio-Economic Rights and Accountability Project (SERAP) has demanded that the Central Bank of Nigeria (CBN) provide a…
Naira slumps to bottom of global currency rankings in 2024
Business a.m. The Nigerian naira has been ranked the worst-performing currency globally in the first half of 2024, according to…
