Optimism Over FG’s Dollar Support Expected to Strengthen Naira Below N1,000 per Dollar
The Nigerian Naira is anticipated to strengthen below N1,000 to the US dollar on the black market next week. This buoyant projection stems from the optimism surrounding the…
Naira exchanges 1,185/$, liquidity concerns persist
Despite ongoing liquidity challenges, the naira experienced a slight improvement in its exchange rate against the US dollar at the parallel market. As reported by some Bureau de…
“Pay Me Back 44M Naira I Spent on You, I’ll Think About Retuning Your N1.5M” – Kess’ Wife Fires Back
Kess’ wife on BBNaija has reacted after he accused her of stealing 1.5 million naira from him, claiming she spent $45,000 (44000000) on him. Kess’s wife accused him…
Naira Is Our National Identity, Desist From Spraying It – CBN Cautions
The Central Bank of Nigeria (CBN) has warned the general public to desist from spraying, hawking, mutilating, or transacting with counterfeit Naira currencies. POLITICS NIGERIA reports.InformationGuideNigeria This was…
Naira Loses 76% Value Under Emefiele As CBN Governor
The naira has lost about 76.17 percent of its value since June 2014 when the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele took office….
Naira Not Devalued, Says CBN
A news outlet has reported that the CBN had devalued the naira to N631 to the dollar from N461.6, adding that “The devaluation came 48 hours after President…
JUST IN: CBN devalues naira to N631/$1
The Central Bank of Nigeria has devalued the naira to N631 to the dollar from N461.6. The devaluation came 48 hours after President Bola Ahmed Tinubu announced the…
Naira Crashes Against US Dollar at Black Market as Nigeria’s Foreign Reserves Hit 20-Month Low
The value of the Nigerian naira depreciated against the US dollar at the unofficial foreign exchange market on Thursday, May 11, 2023. LEGIT NEWS reports.Information Guide Nigeria This…
The Design of the 1000 Naira Note
The 1000 Nigerian naira note front design features Mallam Aliyu Mai-Bornu (1919 – 1970), who was a Nigerian economist and the first Governor of the Central Bank of…
When did Nigeria stop using one naira
The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in…