The exchange rate between the naira and the US dollar on the black market appreciated on Wednesday, trading at an average of N746 This represents a marginal improvement of 0.13 per cent compared to N747/$1 recorded in the trading session.…
The exchange rate between the naira and the US dollar at the black market depreciated on Tuesday, trading at an average of N747 This represents a 1.63 per cent fall compared to N735/$1 maintained in the last three trading sessions.…
A major step towards achieving financial inclusion and cashless policy was taken on Thursday as the Central Bank of Nigeria (CBN) took the sensitisation crusade to the popular Wuse Market in Abuja. The event had officials of the apex bank,…
The naira on Friday exchanged at 461.90 to the dollar at the Investors and Exporters window. The figure represents a decrease of 0.16 per cent, compared with the 461.17 it exchanged on Thursday. The open indicative rate closed at N461.20…
The exchange rate between the Naira and the US dollar at the black market appreciated on Thursday, to trade at an average of N735 Representing an uptrend of 0.41 per cent compared to N738/$1 recorded on Wednesday. Also, the exchange…
The naira on Wednesday exchanged at 461.90 to the dollar at the Investors and Exporters window. The figure represented a decrease of 0.09 per cent, compared with the 461.50 it exchanged on Tuesday. The open indicative rate closed at N460.25…
It is exactly 21 days to the deadline issued by the Central Bank of Nigeria (CBN) for the return of the old N200, N500, and N1,000 banknotes following the currency redesign programme. But, what has been pondering on mind is…
The Central Bank of Nigeria (CBN) has announced that it has been able to record massive success in its efforts to take back the excess cash outside the banking sector. The apex bank in its latest monetary data released on…
The Nigerian Security Printing and Minting (NSPM) Plc, the company responsible for producing Nigeria’s currency, has explained why the new Naira notes leave ink when rubbed on plain white. The company in a statement signed by the Managing Director, Ahmed…
The exchange rate between the Naira and the US dollar appreciated on Thursday, trading at an average of N730/$1 at the black market, an improvement of 0.82 per cent from N736/$1 that was recorded in the last three trading days.…
