CBN moves to introduce new designs of N200, N500, and N1000 notes by December 15, 2022, following approval from President Muhammadu Buhari.
The Central Bank of Nigeria (CBN) on Wednesday said it has redesigned some Naira notes.
NMDPRA has said the Naira would appreciate against its global counterparts in 2023
Naira traded at N441 to United States Dollar at the Investors and Exporters (I&E) foreign exchange window managed by FMDQ Group on Wednesday.
Bank of America (BoA) on Tuesday predicted an additional 20% decline in the value of the Nigerian Naira against its global counterparts in 2023.
Nigerian Naira exchanged at N745 to a United States Dollar in the black market, representing a N3 decline from N742 it traded on Friday.
The Nigerian Naira continues to depreciate against the United States Dollar in the black market on Thursday amid economic uncertainty and persistent forex scarcity.
Naira traded at N740 to a United States Dollar on the black market on Wednesday, representing a decline of N10 from the N730 it traded on...
Naira to Dollar exchange rate at the parallel market stood at N730 on Tuesday, a slight improvement from the N731 it traded to a United States...
The apex bank has once again warned bank clients sternly to desist from converting Naira for dollars, most especially politicians