Naira

CBN’s naira confiscation: Poverty-induced monetary policy

By UCHE NNADOZIE The Central Bank of Nigeria (CBN) openly admitted of having mopped up over ₦2.1 trillion of the…

2 years ago

Naira loses, exchanges N461.50 to dollar

The naira, on Monday, exchanged at N461.50 to the dollar at the Investors and Exporters window. The figure represented a…

2 years ago

Bank associations pledge availability of naira notes

Three financial associations have assured that the Central Bank of Nigeria (CBN) and commercial banks would do everything possible to…

2 years ago

Naira scarcity: Protesters set ablaze 3 banks in Ogun

No fewer than three banks were set ablaze by protesters in the Sagamu area of Ogun State on Monday morning…

2 years ago

Naira crisis: APC backs govs, asks Buhari to obey Supreme Court ruling

The All Progressives Congress (APC) has called on the Attorney General of the Federation and the Governor of the Central…

2 years ago

Naira scarcity: Commercial sex workers lament low patronage

Some commercial sex workers in the Federal Capital Territory (FCT), Abuja, have decried low patronage in their business due to…

2 years ago

Naira scarcity: Butchers lament inability to buy cattle

Many meat sellers in various markets in the Federal Capital Territory (FCT) have expressed concerns over their inability to buy…

2 years ago

Kaduna govt orders MDAs to accept old, new naira notes

The Kaduna State Government has directed its Ministries, Departments and Agencies to ensure that their collection agents accept old and…

2 years ago

10 states ask Supreme Court to void Buhari’s directive on old naira notes

No fewer than 10 states have asked the Supreme Court to declare the directive of President Muhammadu Buhari on the…

2 years ago

Naira scarcity: CIBN calls for calm, says banks’ll remain open

The Chartered Institute of Bankers of Nigeria (CIBN) says it was liaising with banks' CEOs to address the current challenges…

2 years ago

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