Tag: Currency
CBN naira redesign political, says Obaseki
The Edo State Governor, Mr. Godwin Obaseki, has described the proposed plan by the Central Bank of Nigeria to redesign ...
Naira redesign: CBN has my backing — Buhari disowns Finance Minister
President Muhammadu Buhari on Sunday said that the decision of the Central Bank of Nigeria (CBN) to launch new designs ...
EFCC Applauds CBN and Takes Action Against Currency Hoarders
The Economic and Financial Crimes Commission (EFCC), has applauded the Central Bank of Nigeria's decision to redesign and reissue larger ...
Naira ranks 11th worst-performing currency against US dollar – Hanke
Hanke's Currency Watchlist places the Naira, the currency of Nigeria, as the 11th worst performing currency relative to the US ...
CBN to introduce USSD code to improve eNaira
The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary (USSD) code as part of ...
Fake N1000, N500 notes declined in 2020 – CBN
The Central Bank of Nigeria (CBN) says the faking of higher denomination banknotes in Nigeria dropped 20.80 per cent in ...
Buhari to unveil eNaira on Monday
President Muhammadu Buhari will formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, at the State ...
What are Africa’s Strongest Currencies?
The recent growth of the global forex market has much to do with increased accessibility, particularly in developing economies such ...
No plan to convert dollar account holdings to naira, says CBN
The Central Bank of Nigeria (CBN) has assured the public that it will monitor the deposit money banks (DMBs) to ...
ECOWAS shifts launch of single currency to 2027
A new road map to launch "Eco", its proposed single currency in 2027 has been adopted by the Economic Community ...
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