Naira

Economy

CBN says it has ‘good quantity’ of scarce new naira notes

Plu Team -
The Central Bank of Nigeria says it has continued to take delivery of redesigned...
Economy

Dollar falls after U.S. inflation report

Plu Team -
The U.S. dollar experienced a sharp drop in value on Wednesday after the release...
Economy

Naira drops to record low on official market

Plu Team -
Naira plunged to a new low against the United States dollar on Monday on...
Economy

Economic crisis: Nigeria records huge foreign direct investment fall

Plu Team -
Foreign direct investment into Nigeria decreased by a third in 2022 and fell massively...
Economy

CBN ends disruptive naira policy, begins release of notes

Plu Team -
Nigeria's central bank has finally ended its policy of seizing higher bank notes months...
Nation

Nigerian workers declare strike as naira scarcity worsens

Plu Team -
The Nigeria Labour Congress (NLC) has directed workers to remain at home from next...
Economy

CBN made critical mistakes that doomed naira redesign

Stephen Onyeiwu -
Nigeria has successfully introduced new banknotes on about 10 occasions since independence in 1960. So why...
Economy

Naira scarcity: No big relief for Nigerians after CBN meeting

Eric Ojo -
The Central Bank of Nigeria signalled Tuesday its decision to take cash out of...
Economy

Naira shortage: Former statistician-general predicts N15 trillion cost on economy

Plu Team -
Ongoing currency shortage, which has imposed devastating impact on Nigeria’s economy will likely cut...
Economy

Supreme Court orders CBN to allow use of old naira notes

Plu Team -
The Supreme Court of Nigeria has ruled on the validity of old naira notes...
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