Former Special Adviser on Media to ex-president Muhammadu Buhari, Femi Adesina, has defended some of the actions taken by the immediate-past administration. Adesina spoke in Osogbo...
Nigeria’s currency, the Naira, lost more value against the US Dollar on Wednesday after closing at N950/$1 at the parallel market, Naija News understands. The Naira...
Governor Godwin Obaseki of Edo State has said the Federal Government lacks the capacity to effectively manage itself and cannot be trusted to fix federal roads...
Former presidential aide, Reno Omokri has weighed in on the naira prediction given by the General Overseer of Redeemed Christian Church of God, Pastor Enoch Adeboye....
The General Overseer of Redeemed Christian Church of God, Pastor Enoch Adeboye on Sunday predicted that Naira will bounce back and will be greater than the...
Reports have emerged on the policies the Central Bank of Nigeria (CBN) plans on introducing to stem the continuous slide of the naira against the dollar....
Former presidential aide, Reno Omokri has said that the present devaluation of naira is healthy for the Nigerian economy. Omokri opined that the devaluation would help...
Days after his swearing in as Nigeria’s 16th leader, President Bola Ahmed Tinubu lived up to his promise to carry out monetary policy reforms and ensure...
The naira on Tuesday appreciated by 1.79 percent against the United States dollar on the Investor & Exporter forex window and closed at N756.61/$. On Monday,...
The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers “shall have unfettered and unrestricted access to funds...
Naira on Tuesday gained 0.66 percent against the dollar at the parallel market following low demand as speculators adopt a wait-and-see approach, after the suspension of...
On Friday, the naira fell again against the dollar at the Investors’ and Exporters’ window, landing at N472.50 to the dollar. This marked a 0.64% drop...
Nigerian newspaper, Daily Trust, has knocked the Central Bank of Nigeria (CBN) for denying its cover page story of Thursday, June 1, 2023. Naija News recalls...
Four days before the end of the Muhammadu Buhari administration, naira have lost its long-standing N750/$ resistance as it dipped to N760/$ on Wednesday. In a...
Waving your hand to pay after shopping at a store, or simply placing your mobile phone on the checkout counter could seem strange – at least...
The Central Bank of Nigeria (CBN) has distanced itself from reports claiming it plans to phase out the newly redesigned naira notes. Naija News reports that...
The Central Bank of Nigeria (CBN) recently announced draft guidelines that would require commercial banks and other financial institutions (OFIs) to transfer funds in their customers’...
In a recent publication, the World Bank has revealed that Ghanaian Cedi was the worst-performing currency in the Sub-Saharan African region among its equals last year....
The Nigeria Labour Congress (NLC) has warned that its ultimatum to the Central Bank of Nigeria (CBN) to provide sufficient cash within two weeks or risk...
Nobel Laureate Professor Wole Soyinka has berated the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for the controversial naira swap policy that plunged...
