December 02, 2022
Nigeria: Currency Redesign - Speculators Mop Up Food Items From Sokoto Border Market
Fear of the unknown now rules traders and buyers in many parts of the country following the decision of the Federal Government to redesign the Naira, take more control of the… Read more »
November 29, 2022
Nigeria: Naira Redesign to Encourage Expanded Financial Inclusion - CBN
The Central Bank of Nigeria (CBN) says the naira redesign will encourage expanded financial inclusion and other forms of electronic transactions. Read more »
November 23, 2022
Nigeria: 4 Reasons CBN Redesigned Naira Notes
The Governor of the Central Bank of Nigeria, Godwin Emefiele, on October 26, 2022, announced that new Naira notes would be introduced to replace the current 200, 500, and 1,000… Read more »
Nigeria: 'What Kind of Colour Is This?' - Reactions to Newly Redesigned Naira Notes
Knocks have trailed the newly redesigned naira notes after they were officially unveiled by President Muhammadu Buhari. Read more »
Nigeria: Redesigned Naira Will Check Counterfeiting, Hoarding of Banknotes - Buhari
-Powerful persons resisted previous attempts to redesign naira--CBN Read more »
Nigeria: Buhari Unveils New Naira Notes
President Muhammadu Buhari on Wednesday unveiled the new naira notes of N200, N500 and N1,000 at the Council Chamber, Presidential Villa, Abuja. Read more »
November 03, 2022
Nigeria: e-Naira Records 700,000 Transactions Valued At N8bn - Emefiele
Transactions on the e-Naira platform has risen to 700,000 valued at N8 billion, governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, disclosed yesterday. Read more »
October 29, 2022
Nigeria: Naira Redesign - We Followed Due Process, CBN Tells Finance Minister
The Central Bank of Nigeria (CBN) has insisted that it followed the law and due process in the on-going Naira notes redesigning exercise, which it said was 12 years due. Read more »
August 19, 2022
Nigeria: eNaira Transactions Hit N4bn - Emefiele
Transactions on the Central Bank of Nigeria, CBN, digital currency, the e-Naira, platform has hit N4 billion, since its launch last October. Read more »
July 30, 2022
Nigeria: Dollar Scarcity - EFCC Raids Currency Shops in Abuja
As Doĺlar scarcity persists, operatives of the Economic and Financial Crimes Commission have stormed currency dealers shops in partsbof Abuja to arrest the perpetrators of the… Read more »
May 30, 2022
Nigeria: Forex Regulation Forcing Exporters to Cut Corners - Obiora Madu
Federal Government's foreign exchange, forex, policy is forcing Nigerian exporters to cut corners, the Chief Executive Officer of Multimix Export Academy, Obiora Madu, has said. Read more »