Naira crashes further against dollar at parallel market

The Naira on Thursday depreciated at the parallel market, exchanging at N368 to the dollar. The…

Emefiele: We’re depleting reserves to defend naira

The Governor of Central Bank of Nigeria, Godwin Emefiele, has said that the present government hose…

Emefiele: We’re depleting reserves to defend naira

The Governor of Central Bank of Nigeria, Godwin Emefiele, has said that the present government hose…

Buhari commissions EFCC complex, says FG has recovered trillions of naira

President Muhammadu Buhari on Tuesday said his administration has succeeded in recovering trillions of naira stolen…

Naira: CBN issues traders smaller denominations to curb scarcity

The Central Bank of Nigeria (CBN) says it has commenced the disbursement of smaller naira notes…

Britain to add Naira to list of accepted trade currencies

Britain’s export finance agency will add the naira to its list of “pre-approved currencies”, allowing it…

PwC says naira may fall to N386/$

PricewaterhouseCoopers Limited says the naira may exchange at N386 in the second half of 2018. In…

CBN to sell $100 million at forex market auction

Nigeria’s central bank plans to sell $100 million at a special foreign currency auction on Monday,…

BDC operators advise CBN on naira

The Association of Bureaux De Change Operators of Nigeria (ABCON) has advised the Central Bank of…

Forex: CBN introduces new rules, naira closes at 367/$

The Central Bank of Nigeria (CBN) on Monday introduced new rules into the interbank foreign exchange…

Naira was accepted in London, Mecca, Medina in 70s – Obadiah Mailafia

A former Deputy Governor of Central Bank Of Nigeria (CBN), Dr Obadiah Mailafia, has called on…

Naira stable as forex reserves continue on 5-day free fall

The Nigerian naira remained stable at the parallel market on Monday, despite a continuous fall  in…

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