Naira - Page 9

CBN to sanction banks rejecting mutilated currency

The Central Bank of Nigeria (CBN) has warned commercial banks over their rejection of dirty and mutilated naira banknotes from depositors, adding that they will face sanctions. The CBN issued this warning

15 hours ago

by Oluyemi Ogunseyin

Expert advocates crude quotes in naira to curb price fluctuation

An entrepreneur, Austin Ikubese, has emphasised the importance of quoting Nigeria’s crude oil in naira as against the dollar to curb demand for foreign exchange and attract investment to the local economy.

6 months ago

Business·Business News

Will 2024 be the year of naira?

The naira ought to have celebrated its 50th birthday in January 2023, five decades after it replaced the Nigerian pound as the national currency.

6 months ago

Business

Handouts to few not synonymous with good governance

Sir: It’s quite unfortunate that as Nigerians continue to wriggle from one maladministration to another, those in position of authority continue to show absolute lack of understanding of the ideals of good

6 months ago

Letters·Opinion

Naira will rally to N600/$ by year-end, investment bankers forecast

Investment bankers are optimistic naira would rally to between N550 and N600 to a dollar later in the year as the reform in the foreign exchange market crystalises and foreign capital flows

12 months ago

Business·Business News

CBN denies devaluing naira, commits to gradual rate convergence

The Central Bank of Nigeria (CBN) says it has not devalued the naira, even as it pledged its commitment to gradual rate convergence. The Deputy Governor in charge of Economic Policy, Dr.

1 year ago

Business·Business News

Supreme Court extends validity of old naira notes to December 2023

Supreme Court on Friday extended the validity of old naira notes till December 2023. The Supreme Court faulted the naira redesign policy by the Central Bank of Nigeria (CBN), declaring the naira

1 year ago

National·News·Nigeria

Naira drops, exchanges at N461.60 to dollar

The Naira on Wednesday exchanged at N461.60 to the dollar at the Investors and Exporters window.

1 year ago

Business·Business Service

Supreme Court adjourns Naira notes redesign case to March

The Supreme Court on Wednesday adjourned the lawsuit by state governors against the Federal Government till Friday, March 3 over naira notes. More than five states have joined a suit by Kaduna,

1 year ago

National·News·Nigeria

Aisha Buhari denies posting fake news on old naira notes, says accounts were hacked

The First Lady, Aisha Buhari, has denied posting a purported Central Bank of Nigeria (CBN) statement on her Instagram page for the recirculation of old 500 and 1000 naira notes. Aisha in

1 year ago

National·News·Nigeria

Naira loses marginally, exchanges N461.50 to dollar

The Naira on Monday exchanged at N461.50 to the dollar at the Investors and Exporters window.

1 year ago

Business·Business Service

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Naira - Page 9

CBN to sanction banks rejecting mutilated currency

Expert advocates crude quotes in naira to curb price fluctuation

Will 2024 be the year of naira?

Handouts to few not synonymous with good governance

Naira will rally to N600/$ by year-end, investment bankers forecast

CBN denies devaluing naira, commits to gradual rate convergence

Supreme Court extends validity of old naira notes to December 2023

Naira drops, exchanges at N461.60 to dollar

Supreme Court adjourns Naira notes redesign case to March

Aisha Buhari denies posting fake news on old naira notes, says accounts were hacked

Naira loses marginally, exchanges N461.50 to dollar

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Naira - Page 9

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