Nigeria’s currency is the cheapest that it has been in decades, thanks to painful but necessary economic reforms to put the nation on a long-term path to recovery. “The naira’s….
Nigeria will settle crude sales to Africa’s newest and biggest oil refinery using the local currency’s rate in its foreign-exchange market, dousing concerns that it would fix below-market naira levels….
Nigeria’s Naira has been identified as the worst-performing currency globally in the first half of 2024, according to a Bloomberg report on Friday, June 28. The Naira’s decline has been….
In compliance with the Supreme Court order, the Central Bank of Nigeria (CBN) has announced a decision to extend the implementation of the naira redesign policy to December 31, 2023…..
A Federal High Court in Ikoyi, Lagos State, has remanded a Nollywood actress and skit maker, Oluwadarasimi Omoseyin, in Kirikiri correctional centre for tampering with the new Naira notes. The….
