Police arrest five for hawking, selling naira notes Oluwadamilare Emmanuel Apr 15, 2018 The police in Ogun have arrested five persons for allegedly hawking and selling Naira notes across the state. The offence is…
Naira exchanges for N362/$1 as CBN injects fresh $339.89m into forex market Oluwadamilare Emmanuel Mar 24, 2018 The Central Bank of Nigeria (CBN) on Friday sustained its intervention in the Foreign Exchange market by injecting 339.89 million…
Naira stabilizes against dollar, exchanges for N360/$1 Oluwadamilare Emmanuel Mar 20, 2018 The Naira on Tuesday exchanged at N360.30 to the dollar at the investors’ window. At the parallel market, the naira traded at…
Business Naira remains stable against dollar, euro Oluwadamilare Emmanuel Feb 26, 2018 …exchanges for N362, N481 at parallel market The Naira on Monday remained stable as it traded at N362 to the dollar at the…
Britain reveals plan to add Nigeria’s naira to list of accepted trade… Olusegun Kugbayi Feb 12, 2018 Britain’s Export Finance Agency has announced plan to add the Naira (Nigeria’s currency) to its list of “pre-approved currencies”.…
Naira may fall to N386/$1 by mid year —PwC Oluwadamilare Emmanuel Feb 7, 2018 Multinational professional services firm, PricewaterhouseCoopers has predicted that the Nigerian currency may depreciate against…
CBN injects $210m into Forex Market as Naira sells for N305/$1 Oluwadamilare Emmanuel Jan 30, 2018 The Central Bank of Nigeria (CBN) on Monday injected $210 million into various segments of the inter-bank market as the value of…
Abuse naira, go to jail, CBN warns Nigerians Reporter Dec 8, 2017 The Central Bank of Nigeria (CBN) on Friday warned Nigerians against abusing the naira notes. The apex bank said that anyone…
Business CBN weakens naira to dollar, now exchanges for N307/$1 Reporter Dec 5, 2017 The Central Bank of Nigeria (CBN) on Monday weakened the naira marginally, selling dollars at 307 for the first time on the…