In a recent interview on Channels Television’s Politics Today program, human rights lawyer Femi Falana urged the Nigerian government to …
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Nollywood Actress Jailed for Mishandling New Naira Notes
A Federal High Court in Lagos has sentenced Nollywood actress, Oluwadarasimi Omoseyin, to six months imprisonment for spraying and stepping …
Read More »Naira Value Drops Against US Dollar in Forex Market
The Nigerian currency, the Naira has experienced a significant depreciation against the US dollar in the foreign exchange market. The …
Read More »Africa Consortium Set to Launch Naira Stablecoin in 2024
African financial landscape, the Africa Stablecoin Consortium (ASC) is set to launch a groundbreaking new digital currency pegged to the …
Read More »Naira scarcity: PoS operators hike service charges by 100% nationwide
Point-of-sale operators in different states in Nigeria have doubled their service charges due to the Naira scarcity. Elegede Segun, the …
Read More »Beware of fake naira notes in circulation, CBN alerts Nigerians
The Central Bank of Nigeria, CBN, today warned banks and Nigerians to watch out for fake bank notes, especially higher …
Read More »CBN directs banks to issue, accept old, redesigned Naira banknotes
The Central Bank of Nigeria (CBN) has instructed banks to give out and take in both old and new Naira …
Read More »Old, New Naira Notes To Co-Exist Till Further Notice, Supreme Court Rules
The Supreme Court ruled on Wednesday that the old N200, N500, and N1000 notes should stay with the new notes …
Read More »Naira depreciates against Dollar at forex market
Nigeria’s currency, the naira, lost value against the US dollar on Monday at the foreign exchange market. Official data from …
Read More »The Naira lost more value against the US Dollar in the foreign exchange market on Wednesday.
According to the official FMDQ market data, the naira traded at N874.71 per US dollar on Wednesday, which is N65.51 …
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