Naira

Equities Market: Inflation Erodes Investors’ N5.62trn Gain

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...

THEWILL EDITORIAL: Naira Depreciation: Between Substance And Wishful Thinking

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...

BREAKING: CBN To Redesign N100, N200, N500, N1000 Notes

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...

We Reduced Minting Of Naira To Boost Electronic Transactions – CBN

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...

Dangote Refinery Will Sell Products To FG In Naira – Emiefele

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...
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Mended Fences: 1,000 Goals In Sight As Ronaldo and Portugal Reconciliation Takes Shape

Cristiano Ronaldo’s turbulent relationship with the Portugal national team could be heading towards an unexpected reconciliation, with reports suggesting the veteran forward may return for one final international chapter as he closes in on the historic 1,000-goal milestone.
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