The naira depreciated on Monday’s official market, trading N1,495.60 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the […]
The Central Bank of Nigeria (CBN) says banks facilitating illicit flow of mint naira notes will face N150 million fine per branch. In a circular […]
The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes. In a statement on Thursday signed […]
The naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading platform of the FMDQ Exchange, […]
The naira reversed the appreciation trend at the parallel section of the foreign exchange market on Friday. The local currency depreciated by 17.14 percent to […]
The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against Cubana Chief Priest, the nightlife promoter, for alleged abuse of the Nigerian […]
The parallel section of the foreign exchange market recorded a new all-time low on Monday after the naira depreciated to N1,730 per dollar. The naira […]
The naira has hit a record low at the parallel section of the foreign exchange market. The local currency traded at N1,415 on Thursday — […]
As scarcity of Naira continues to bite harder in some parts of the country, the Central Bank of Nigeria (CBN) has threatened to sanction any […]
The naira has commenced a downward spiral, falling to N1,120 per dollar at the parallel market on Tuesday. The figure represents a N95 or 9.27 […]
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