Nigeria’s Naira Most Competitive In Decades – World Bank Economist
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….
Tag: Naira
Nigeria To Set Naira For DNigeria To Set Naira For Dangote Crude Sales Using Market Rateangote Crude Sales Using Market Rate
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 Rated Worst-Performing Currency Globally For First-Half Of 2024
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….
CBN Directs Nigerians To Start Spending Old Naira Notes
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…..
Nollywood Actress Remanded For Tampering With Naira Notes
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….