Key moments that defined Nigeria’s 2023
By Kayode Adebiyi, News Agency of Nigeria (NAN) For Nigerians, 2023 would become one of the most remarkable years in recent memory in terms of defining moments and major events;…
Naira traded at N825 to $1 at black market, N795 at I&E window
The Nigerian currency, the naira, was traded at the average rate of N825 to the dollar at the parallel markets (black market) on Tuesday. It maintained the same rate as…
We have not devalued the naira – CBN
The Central Bank of Nigeria (CBN) has dispelled rumours that it devalued the Naira, describing the news as fake. The CBN made the denial on Thursday in a statement by…
Naira: Tinubu promises to revisit redesign policy
President Bola Tinubu, has promised to revisit the naira redesign policy of the Central Bank of Nigeria (CBN). Tinubu, who said this in his inaugural speech in Abuja on Monday,…
Supreme Court orders old N200, N500, N1,000 notes to remain legal tender
The Supreme Court on Friday ordered the Federal Government to allow the old Naira notes to continue as legal tender until Dec. 31, 2023. Justice Emmanuel Agim, who read the…
Elections: Former NNPP presidential candidate suggests postponement of election
By Angela Atabo Former Presidential Candidate of the New Nigeria Peoples Party (NNPP), Ebiti Ndok-Jegede, has called on the Independent National Electoral Commission (INEC) to consider postponing the General Elections.…
President Buhari address Nigerians on New Naira Notes, State of the Nation
NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023 My Dear…
New Naira Policy: Supreme Court adjourns hearing till Feb. 22
The Supreme Court has adjourned further hearing on the suites filled by some state against the Federal Government on the Feb. 10 deadline for circulation of some old naira notes…
New Naira Notes: Buhari approves extension to February 10.
President Muhammadu Buhari on Sunday in Daura, Katsina State, approved a 10-day extension of the deadline for the swapping of currency to new notes. The Governor of the Central Bank…
Ondo residents groan as traders, POS operators, others reject old naira notes
Residents of Okitipupa, in Okitipupa Local Government Area (LGA) of Ondo State, have expressed worry as traders, Point of Sales (POS) operators, commercial motorists and motorcyclists reject old naira notes,…
New Naira Notes : Arewa Consultative Forum calls for extension
Arewa Consultative Furum ( ACF) on Saturday appealed to the Federal Government to extend the deadline for the expiration of old Naira notes in the country. This is contain in…
Jan. 31: CBN intensifies sensitisation on redesigned currency
The Central Bank of Nigeria (CBN) has urged the public to deposit cash holdings in the denomination of N200, N500 and N1000 notes into their respective commercial banks before Jan.…
New Naira Notes: Emefiele updates Buhari on availability, others
The Governor of the Central Bank of Nigeria (CBN) on Thursday in Abuja updated President Muhammadu Buhari on the activities of the bank. The CBN governor, who briefed the president,…
Governors invite CBN governor for meeting over new naira notes
By Emmanuel Oloniruha The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emiefele, for a virtual meeting on Thursday over issues related…
Naira weakens further to dollar at Investors, Exporters window
The Naira on Friday exchanged at N444.75 to the dollar at the Investors and Exporters window, a depreciation of 0.06 per cent, compared with N444.50 to the dollar it exchanged…