Naira

January 30, (THEWILL) - The Central Bank of Nigeria (CBN) has directed commercial banks to, henceforth, pay customers over-the-counter with the lower Naira denominations. These include N100, N50, N20, N10 and N5 notes regardless of how much a customer is...

Investors in the Nigerian equities market gained N5.62 trillion Naira with market capitalisation hitting N27.92 trillion on the last trading day of the year, December 30, 2022. This is a 25.3 percent increase compared with N22.30 trillion the market...

It is common for Nigerians to bemoan the depreciation of the Naira as the handiwork of contrary characters bent on doing damage to the economy for their selfish interest. To the average Nigerian, the notoriously weak currency loses its...

October 26, (THEWILL) - The Central Bank of Nigeria (CBN) has announced the approval by President Muhammadu Buhari, to redesign the N100, N200, N500, and N1000 notes. This was disclosed by the CBN Governor, Godwin Emefiele, during a special briefing...

August 18, (THEWILL) - The Central Bank of Nigeria (CBN) on Thursday, said it reduced the minting of the Naira to boost electronic banking transactions in the country. CBN Deputy Governor, Economic Policy Directorate, Dr Kingsley Obiora, said this on...

BEVERLY HILLS, February 27, (THEWILL) - Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Saturday said that arrangements are being made to enable the Dangote Refinery to sell refined crude to Nigeria in naira upon commencing...