Business
CBN: Banks To Pay N1m Fine Daily Over Failure To Collect Redesigned Naira Notes
The Central Bank of Nigeria (CBN) says any commercial bank that fails to pick up the new naira notes for distribution will be fined N1 […]
naira
News
Emefiele Meets Buhari At Presidential Villa Over Redesigned Naira
Godwin Emefiele, the governor of the Central Bank of Nigeria on Thursday in Abuja updated President Muhammadu Buhari on the activities of the CBN. The […]
Business
Portrait Watermark, Gold Patch’ — CBN Highlights Security Features Of Redesigned Naira Notes
The Central Bank of Nigeria (CBN) has disclosed the position of security features on the new series of N200, N500 and N1,000 notes. The apex […]
Business
Banks Begin Dispensing Redesigned Naira Notes — But Limited Supply In Circulation
In line with the directive of the Central Bank of Nigeria (CBN), deposit money banks (DMB) began dispensing the redesigned naira notes to customers across […]
Business
Buhari Unveils Redesigned Naira Notes
President Muhammadu Buhari has unveiled the new naira notes. Buhari unveiled the new currency notes on Wednesday morning before the federal executive council (FEC) meeting […]
Business
Naira Depreciates By 0.15%, Exchanges At 446.67 To Dollar
The naira on Tuesday exchanged at N446.67 to the dollar, a depreciation of 0.15 per cent when compared with N446 to the dollar it exchanged […]
Business
Naira Appreciates To N710/$ At Parallel Market
The naira has sustained its momentum at the parallel market, appreciating N710 per dollar in Lagos on Friday. The development represents N115 or 13.9 percent […]
News
Buhari: CBN Has My Backing To Redesign Naira Notes
President Muhammadu Buhari has said that the Central Bank of Nigeria (CBN) has his backing to redesign the naira notes. According to the president, Nigeria […]
Business
Naira Crashes To 800 Per Dollar
The naira’s downward spiral has reached another historical low under the President Muhammadu Buhari regime, currently trading at 800 against the dollar on the parallel […]
Business
CBN Redesigns Naira Notes, To Begin Circulation Dec 15
The Central Bank of Nigeria (CBN) has redesigned some new naira notes. Godwin Emefiele, CBN governor, said this at a press conference on Wednesday. Emefiele […]