Tag: naira

In order to strengthen Nigeria, I-founder, invest’s Mr. Oluseye Olusoga, has advocated for increased production and aggressive exports of Nigerian goods and services. He said that the nation had become…

The dollar could fall to 200 after the redesign of the naira, according to Abdulrasheed Bawa, Chairman of the Economic and Financial Crimes Commission (EFCC). He stated this in a…

The Shura Council of the Islamic State of West African Province (ISWAP) has outlawed accepting Naira from farmers and fishermen in the Tumbus region of Lake Chad in response to…

According to President Muhammadu Buhari, his administration would not renege on the Central Bank of Nigeria’s (CBN) decision to redesign the country’s highest denomination notes, the N1,000, N500, and N200.…

Chief Charles Udeogaranya, a previous candidate for president of the All Progressives Congress in the 2019 elections, issued a warning to the federal government on Monday not to move on…

According to reports, the Sri Lankan Rupee and Ghana’s cedi are the two worst-performing currencies in the world, with the naira of Nigeria coming in third. It was discovered that…

A currency note serves as guaranteed legal tender for the exchange of goods and services by each nation’s central bank. For sovereign governments, redesigning currency is a legitimate activity. It…

President Muhammadu Buhari stated Wednesday that he supports the Central Bank of Nigeria (CBN) in its plan to redesign Naira notes, despite controversy surrounding the Finance Minister’s, Mrs. Zainab Ahmed’s,…

According to , a former deputy governor of the Central Bank of Nigeria (CBN), the decision to redesign the naira notes is a “essential step” for the sake of the…

At the Investors and Exporters window on Monday, the Naira marginally strengthened versus the dollar, trading at N441.25. In comparison to the N441.38 it exchanged for the dollar before the…