Tag : Naira
Stop panic withdrawals- CBN urges Nigerians
The Central Bank of Nigeria (CBN) says there is enough cash stock in circulation. In a statement, the Bank’s Director of Corporate Communications, Dr Abdulmumin...
Forex crisis: Naira falls to 1,025
The naira has continued to fall as it exchanged for the dollar at the black market at the rate of 1,005/$ and 1,025/$. This was...
Lawmakers call for policies to curtail Naira depreciation
The House of Representatives has urged the Central Bank of Nigeria (CBN) to implement monetary policy adjustments to stabilise the currency, address speculative activities in...
Naira hits N997/$ in parallel market
On Thursday, the Nigerian naira had a conflicting performance against the US dollar, strengthening on the black market but weakening through the Investors and Exporters...
Security features on redesigned naira notes
The Central Bank of Nigeria (CBN) has highlighted security features the recently redesigned naira notes carry, this is in a bid to protect Nigerians from...