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Naira scarcity: Delta residents keep vigil in banks (Photos)

As early as 6 am on Wednesday, Nigerians have thronged various commercial banks in Delta State in search of Naira notes. The situation has remained the same for weeks now, with customers left to their fate. A correspondent, who visited some of the banks, was

Currency swap: Naira appreciates slightly against dollar

The Naira exchanged at N461.50 to the dollar at the Investors and Exporters window on Friday. The number represented an appreciation of 0.09 per cent equated with the 461.10 it exchanged on Thursday. The open indicative rate on Friday closed at N461.50 to

How Naira fared against Dollar, Euro, British Pounds on Thursday

Naira's good performance at the foreign exchange market on Wednesday, September 4, 2019 ran into its second consecutive day, as the currency performed strongly across the parallel, investors, and Interbank windows of the foreign exchange market on Thursday

FG unveils redesigned naira notes to general public (Photos)

The Federal Government has unveiled the redesigned naira notes to the public. It was unveiled at the Federal Executive Council meeting presided over by President Muhammadu Buhari a few minutes ago. The Governor of the Central Bank of Nigeria, Godwin Emefiele

CBN Gov, Emefiele explains features of new naira notes

The Central Bank of Nigeria Governor, Godwin Emefiele has explained the features of the redesigned notes. Emefiele told State House Correspondents that it was in line with global best practices, noting that it was mandatory for the naira to be redesigned and

'Naira not worth paper it's printed on' - Pastor Adeboye

Pastor Enoch Adeboye of the Redeemed Christian Church of God, RCCG, has lamented the depreciation in the value of the Naira. Adeboye lamented that Nigeria's situation has become worse to the extent that the country's currency was no longer worth the paper

Real reason I approved redesign of naira notes - Buhari

President Muhammadu Buhari on Wednesday gave reasons he approved the redesign of ₦‎200, ₦‎500 and ₦‎1000 banknotes. Speaking at the launch of the new banknotes in Abuja, Buhari said he gave the Central Bank of Nigeria (CBN) permission to redesign the ₦‎200
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