Tag: Naira

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Naira closes at ₦1,373.25/$ on June 1

Naira closed at ₦1,373.25 per dollar on May 29, according to the latest official exchange rate available at the start of trading on...

ABCON celebrates Naira’s success after BDCs recall by CBN

The Association of Bureaux de Change Operators of Nigeria (ABCON) an umbrella body of the Central Bank of Nigeria (CBN)- licensed Bureaux de Change...

Again naira appreciates against U.S dollar on I&E window

Again naira appreciates against U.S dollar on I&E window

Why UK agency approves naira for financing transactions

Britain’s export finance agency will add the naira to its list of “pre-approved currencies” for financing transactions.

Bello threatens commercial banks over old naira notes

Following the rejection of the old Naira notes, Gov. Yahaya Bello of the Kogi State has threatened to shut down commercial banks that refused to receive such notes in the state.

Supreme Court orders old Naira notes to remain legal tender

Following the cash crunch crisis in Nigeria, the Supreme Court on Friday ordered the Federal Government to allow the old Naira notes to continue as legal tender until Dec. 31, 2023.