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CBN Buckles Under IMF, World Bank Pressure on Exchange Rate Unification,...

Central Bank of Nigeria apparently buckled under pressure from International Monetary Fund, IMF and World Bank to unify...

Mishandle The Naira, Go To Jail – CBN

Akpan Etukudoh Asare Anyone that mutilates, writes on, squeezes, sprays or generally soil the Nigeria's currency, the Naira would be...

Naira Remains Stable At Parallel Market

The Naira on Thursday remained stable at the parallel market in Lagos, exchanging at N359.3 to the dollar. The Pound Sterling and...

A Woman’s Signature To Go On The Naira

For the very first time in Nigeria’s 59-year history, the signature of a woman, Priscilla Ekwere Eleje, goes on the naira.

NLC Cautions FG Against IMF’s Petroleum Subsidy Removal

The Nigerian Labour Congress (NLC) has cautioned the Federal Government against implementing the recommendation of the International Monetary Fund (IMF) on the removal of subsidy...

Naira Losses Marginally Against Dollar At Parallel Market

The Naira on Tuesday lost N1 to exchange at N361 to the dollar at the parallel market in Lagos.

CBN Opens December Sale With $210m

Abuja – In its first intervention in the foreign exchange market for the month of December, the Central Bank of Nigeria (CBN) on Tuesday,...

Forex: CBN Injects $210 Million In Wholesale Segment, Others

ABUJA – The Central Bank of Nigeria (CBN) on Tuesday, November 27, 2018, intervened in the wholesale segment of the foreign exchange market, offering...

Naira Stable Despite Campaign Spendings

THE naira has remained stable at both the official and parallel markets despite huge campaign spendings by political parties, The Nation learnt yesterday. The stability of the...

CBN Buoys Forex Supply With $210m

 ABUJA – The Central Bank of Nigeria (CBN) has again intervened in the interbank foreign exchange market by injecting the sum of $210million in...
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