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CBN: No deadline on old naira notes

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The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200, N500, and N1,000 banknotes. The...

Naira trades N1,600/$ at official market

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The naira strengthened on Friday, October 18, 2024, closing the week at N1,600.78 to the dollar at the official market. Data from the FMDQ Exchange...

Naira trades N1,658/$ at official market

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The naira, on Tuesday, October 15, 2024, depreciated at the official market, trading at N1,658.97 to the dollar. Data from the official trading platform of...

Naira trades N1,641/$ at official market

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The naira, on Friday, October 11, 2024, depreciated at the official market, trading at N1,641.27 to the dollar. Data from the FMDQ Exchange, a platform...

CBN ex-deputy gov: Emefiele didn’t have Buhari’s approval for naira redesign

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Edward Adamu, the fourth prosecution witness in the trial of the former Central Bank of Nigeria Governor, Godwin Emefiele, says the latter did not...

Naira trades N1,625/$ at official market

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The naira, on Wednesday, October 9, 2024, depreciated at the official market, trading at N1,625.13 to the dollar. Data from the FMDQ Exchange, a platform...

Naira trades N1,561/$ at official market

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The naira, on Tuesday, October 8, 2024, appreciated by N73.39 at the official market, trading at N1,561.76 to the dollar. This was disclosed via data...

FG begins crude oil sale in naira

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The Federal Government has commenced the sale of crude oil and refined petroleum products in naira. The Minister of Finance and Coordinating Minister of the...

CBN unveils electronic forex matching system to curb speculation

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The Central Bank of Nigeria (CBN) has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS) for foreign exchange transactions in the...

Naira trades N1,669/$ at official market

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The naira depreciated at the official market on Wednesday, October 2, 2024, trading at N1,669.15 to the dollar. Data from the official trading platform of...
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