The Nigerian Naira exchanged lower against its global counterparts across key foreign exchange segments on Tuesday as investors and businesses remained apprehensive.
President Muhammadu Buhari announced that the CBN had given him reasons to believe redesigning the Nigerian Naira is a move that would benefit the economy in...
The Naira to Dollar exchange rate plunged to N800 at the unregulated parallel market, popularly known as the black market during the weekend.
Nigeria's Naira witnessed a significant fall against the U.S. Dollar during the week, trading at N780/$1 at the unofficial market.
The Central Bank of Nigeria's (CBN) move to redesign and reissue the N200, N500, and N1000 notes have been welcomed with diverse reactions by the citizens...
CBN has disclosed that the move to redesign the naira notes was necessitated due to cases of hoarding, shortage of clean notes, and counterfeiting.
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.
