Tag: naira
Is Nigeria Scrapping the Naira for ‘Eco Currency’ in 2027?
In recent months, social media platforms and messaging groups have been flooded with claims that Nigeria will abandon…
Naira Depreciates Against US Dollar Again: Why the Exchange Rate Keeps Falling
Figuring out the reasons for naira falling isn’t easy, there isn’t just one culprit. There are some pretty…
ANALYSIS: Can Patronizing Nigerian Goods Strengthen The Naira?
As the value of the Nigerian Naira continues to decrease in both parallel and official markets, concerns have…
CBN Naira abuse Act: 17 years after, Apex bank goes after defaulters
17 years after enactment of CBN Naira Abuse Act, Apex bank goes tough on defaulters EFCC hands down…
Inflation: Prices of goods, services continue to rise as Naira appreciates against dollar
For over a week now, Naira has continued to appreciate against dollar Despite fall in price of dollar…
Naira Redesign, Fuel Subsidy Removal: Events, Policies That Shaped Nigeria In 2023
CBN introduced new naira notes on December 15, 2022 and planned to phase off the old notes on…
Panic, anger as Naira scarcity hits S/East zone
Naira scarcity surfaces in South East zone PoS operators hike withdrawal charge as situation persists Banks ration cash,…
Inside abandoned Enugu multimillion naira Tech hub where reptiles, criminal elements run shifts
Multi million naira Enugu Tech hub and youths centre abandoned in Obollo-Afor Reptiles, criminal elements take over the…
NDLEA/Naira Marley collaboration and the Agency’s image crisis
NDLEA engages Naira Marley on anti-drug fight Tonto Dikeh, others lash out on the Agency over collaboration Litany…
3 weeks after release, scarcity of new naira notes worry South Easterners
Three weeks after the release of the redesigned N200, N500 and N1, 000 banknotes by the Central Bank…
Court joins MURIC in suit challenging Arabic inscription on Naira, Army flag
The Federal High Court in Lagos on Tuesday made an order joining the Muslim Rights Concern Association (MURIC)…
Naira reverses loss, appreciates to N470/$ in parallel market
The naira on Wednesday morning reversed its two weeks loss to the dollar in the parallel market, appreciating…