CBN directs Banks to issue, accept old, redesigned Naira notes
Following the order of the Supreme Court on Wednesday, November 29, 2023, granting the prayer of the Minister of Justice and Attorney-General of the Federation to extend the use of…
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CBN extends old Naira notes as legal tender indefinitely
The Central Bank of Nigeria (CBN) has made the old Baira notes legal tender indefinitely thus removing the December 2023 earlier placed on the currency. In a statement the Director,…
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Naira loses to dollar at investors, exporters window
…..exchanges at N756.21 The naira on Wednesday depreciated against the dollar as it exchanged at N756.21 at the Investors and Exporters window. The naira lost 1.48 per cent compared to…
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Senate denies giving N100m to lawmakers, calls NLC liars
The Senate has denied alleged disbursement of N100 million to lawmakers.Sen.Yemi Adaramodu, the Chairman, Senate Committee on Media and Publicity, said this a statement in Abuja on Thursday.He described the…
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Naira gains at investors, exporters window
The Naira on Tuesday appreciated against the dollar as it exchanged at N742.10 at the Investors and Exporters window. The local currency gained by 4.06 per cent compared to the…
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Naira falls, exchanges at N747.87 at investors, exporters window
The Naira depreciated against the dollar on Monday as it exchanged at N747.87 at the Investors and Exporters window. It dropped by 1.01 per cent compared to the N740.38 it…
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Naira gains at investors, exporters window
The Naira appreciated against the dollar on Friday as it exchanged at N740.38 at the Investors and Exporters window. The naira gained by 2.93 per cent compared to the N762.71…
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Naira gains 0.22 per cent at investors, exporters window
The Naira appreciated against the dollar on Thursday as it exchanged at N771.69 at the Investors and Exporters window. The local currency gained by 0.22 per cent compared to the…
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CITM Registrar cautions FG over Naira re-denomination
………says it will threaten economic stability The Registrar, Chartered Institute of Treasury Management (CITM), Mr Olumide Adedoyin, has cautioned the Federal Government on the alleged plan to re-denominate the naira,…
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CBN to take measures to save forex market
The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the country. The CBN Acting Governor, Mr Folashodun Shonubi, disclosed this…
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