All posts tagged "Naira"
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35NewsEFCC to arraign popular socialite “Cubana Chief Priest” for Naira abuse
The Economic and Financial Crimes Commission is set to prosecute socialite, Okechukwu Pascal, popularly known as “Cubana Chief Priest” on a three-count...
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46BusinessNaira in magical rise, now sells at N1,100 to the Dollar in Forex Market
The Nigerian Naira has sustained its “magical” rise in the foreign exchange market and is exchanging for N1,100 to the US Dollar....
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607NewsDangote Refinery Production and the Nigerian Naira
The news filtered out this week that the much anticipated Dangote Refinery, had started delivery of petroleum products to customers in Nigeria....
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67BusinessCBN Clears FX Backlog, Naira Strengthens to N1400/$ on Parallel Market
The Central Bank of Nigeria (CBN) has announced the total clearance of all valid foreign exchange backlog liabilities. The Acting Director of...
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138BusinessNaira Depreciation: Binance Officials, Arrested and Passports Seized in Nigeria
The ongoing Naira depreciation which resulted in the ban of the services of Crypto trading platforms in Nigeria escalated today with the...
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111BusinessNigerian Economy on The Edge: Naira Depreciates, Exchanges for ₦1,850 To The Dollar
These are not good times for Nigeria, as the West African economic power house is experiencing a serious downturn in its economy....
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226NewsCBN Bars POS Agents From Carrying Out Cash Withdrawal, Deposit transactions
The Central Bank of Nigeria (CBN) has barred Point of Sale (POS) agents from using POS machines meant for merchants to carry...
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233NewsCBN Orders Banks To Receive, Dispense Old 200, 500, 1000, Naira Notes
The Central Bank of Nigeria (CBN) has ordered commercial banks across the country to receive and dispense old naira notes of N200,...
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217NewsNLC Threatens To Embark On Nationwide Strike Over Fuel, Cash Scarcity, Gives FG 7-Day Ultimatum
The Nigeria Labour Congress (NLC) has threatened to embark on a nationwide strike over fuel and cash scarcity that has caused untold...
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236NewsGovernor Sanwo-Olu Threatens To Shutdown Banks That Reject Old Naira Notes
The Governor of Lagos state, Babajide Sanwo-Olu has threatened to sanction residents of the state that reject the old Naira notes and...
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233NewsNaira Redesign: Supreme Court Declares Old N200,N500,N1000 Notes Valid Till December 31
The Supreme Court of Nigeria has declared that the old N200, N500, N1000 notes remain as legal tender and should be in...
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246NewsNaira Scarcity: “I Am Suffering, My family Have No Money To Cook Food” – Orji Uzor Kalu Laments
Former Governor of Abia state and senator representing Abia North in the National Assembly, Orji Uzor Kalu has lamented over the Naira...