Browsing: Currency

The Central Bank of Nigeria should convert the country’s lower currency notes into coins to facilitate “highly repetitive” retail transactions,…

The naira increased its recent gain on the parallel market on Sunday, closing at 380 per United States dollar. The…

The Senate has directed the Nigerian National Petroleum Corporation (NNPC) and other revenue generating agencies to stop further capital expenditure…

Although Nigeria is currently recovering some looted funds, it cannot rely on the loot to fund the budget, an official…

The Economic and Financial Crimes Commission on Friday took charge of bank accounts operated by Nigeria’s foreign intelligence service, the…

The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, on Thursday said President Muhammadu Buhari was excited at the current…

Nigeria’s central bank has lifted a ban on currency allocation for importers bringing in goods worth up to $20,000 per…

Following persistent complaints that some Deposit Money Banks (DMBs) have deliberately frustrated efforts by many Small and Medium Enterprises (SMEs)…

The Naira on Tuesday depreciated marginally against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.…

The naira on Monday stabilised against the dollar at the parallel market. The Nigerian currency traded between N380 (buying rate)…