Naira
CBN denies naira devaluation to N630 per dollar report
By Business A.M. The Central Bank of Nigeria (CBN) has debunked a report by a national daily, claiming that the…
IMF advises CBN to extend naira swap deadline over lingering scarcity
By Onome Amuge The International Monetary Fund (IMF) has called on the Central Bank of Nigeria (CBN) to extend the…
CBN cash swap programme to promote new naira circulation
By Onome Amuge The Central Bank of Nigeria (CBN) has introduced a cash swap programme in partnership with super agents…
CBN threatens to revoke banks’ forex licence over diaspora remittances in naira
By Onome Amuge The Central Bank of Nigeria (CBN) threatened to withdraw foreign exchange dealership licences of banks that…
CBN insists on cashless economy as Buhari unveils new naira notes
By Business AM Nigeria's President Muhammadu Buhari has unveiled the country's redesigned N200, N500 and N1,000 banknotes. The unveiling, which…
CBN commits to protecting underserved Nigerians in new naira rollout
By Rosemary Iwuala The Central Bank of Nigeria (CBN) has committed to protecting the interests of millions of unbanked and…
Naira firms at N730/USD, but analysts say gain unsustainable
By Business a.m. The recent recovery of the naira against the dollar, though good to tame the tide of rising…
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