Tag: Naira

Forex Speculation: CBN Tightens Grip on Bureau de Change Operators

The Central Bank of Nigeria (CBN) has taken a significant step to…

Genesis Obong

Naira Strengthens Against Dollar, Closes January at N1,475/$1

  The Nigerian Naira staged a remarkable comeback in January 2025, closing…

Genesis Obong

Nigeria’s Foreign Reserves Plummet by $832 Million in January

Nigeria's foreign exchange reserves have taken a significant hit, plummeting by a…

Genesis Obong

Subomi Okoya Apologises for Naira Abuse Amid Policeman’s Detention

Subomi Okoya, son of billionaire businessman Razaq Okoya, has issued an apology…

Damilola A.

CBN Imposes N150 Million Fine on Banks Selling Mint Naira Notes to Hawkers

The Central Bank of Nigeria (CBN) has imposed a fine of N150…

Muhammad A. Aliyu

CBN: Old and New Naira Notes Will Continue to Circulate

The Central Bank of Nigeria (CBN) has clarified that all denominations of…

Muhammad A. Aliyu

Nigerian Naira Strengthens Against US Dollar in Official and Black Market

The Naira posted significant gains against the US Dollar in both the…

Muhammad A. Aliyu

Naira Strengthens Against Dollar Amid Launch of New Forex System

The naira witnessed a sharp rally against the US dollar in the…

Muhammad A. Aliyu