Currency Swap

Business

CBN Directs Banks To Search Data Base For Suspects Arrested Over $1bn Currency Counterfeiting

Aina Ojonugwa, THEWILL -
September 01, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and Other Financial institutions (OFIs), to conduct searches on their database for a Nigerian and four others, arrested over alleged involvement in currency...
Business

Currency Float: I&E Window Records Over $2.5bn Turnover in One Month, Naira Hits N803.90/$

THEWILL. -
One month after the Nigerian government liberalised the exchange rate on June 14, 2023, the Investors’ and Exporters’ FX (I and E) window recorded over $2.5 billion within one month of 21 trading days. This represents about 58...
News

Currency Swap: Buhari Orders Arrest, Prosecution Of Saboteurs

Aina Ojonugwa, THEWILL -
February 16, (THEWILL) - President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to intensify collaboration with anti-corruption agencies, in checking the activities of those bent on frustrating the smooth implementation of the currency re-design policy. “I...
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Latest News

NewsFelix Ifijeh, THEWILL -

We Fought For Your Freedom — Obasanjo Accuses South Africa Of Betraying Africa

Former President Olusegun Obasanjo has accused South Africa of betraying the spirit of African solidarity for which Nigeria fought during the country’s struggle against apartheid.
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