Barely five days after the suspension of Godwin Emefiele as Central Bank of Nigeria (CBN) governor, reports indicate that the Apex bank has given commercial banks and dealers in the forex market the green light to sell forex freely, at…
Naira gains against dollar by 0.03%
The naira appreciated against the dollar on Friday, exchanging for N461.38 at the investors’ and exporters’ window. The rate represented an increase of 0.03 per cent when compared to the N461.50 it exchanged to the dollar on Thursday. The open…
Old naira notes remain valid till December 31 – Supreme Court
The Supreme Court has ordered the circulation of the old naira notes alongside the new ones until December 31. In a unanimous judgement, a seven-member panel of justices presided by Justice Inyang Okoro on Friday held that the directive by…
Naira gains 0.14% at investors, exporters window
Naira exchanged at N461.35 to the dollar at the Investors and Exporters window on Wednesday. The rate represented an appreciation by 0.14 per cent compared with the N462 for which it exchanged to the dollar on Tuesday. The open indicative…
Don’t be fooled: Tinubu is APC and APC is Tinubu — Anthony Echi
Dear Nigerians, this election is not about Tinubu or Atiku or Obi. It is not about a Yoruba, Fulani or Igbo candidate. It is not about Easterners or Westerners or Northerners. No sir. It is about you and I. It…
CBN delists old 200, 500, 1000 naira notes as legal tender
The Central Bank of Nigeria (CBN) said old naira notes of ₦200, ₦500, ₦1000 notes are no longer legal tender in the country. The CBN declared that the old ₦200, ₦500, ₦1000 notes ceased being legal tender in Nigeria on…
Naira begins new week on positive note, exchanges at N461 to dollar
The naira on Monday exchanged at N461 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.11 per cent compared with the 461.50 it exchanged for, at the close of business on February 10.…
Naira gains further, exchanges at N461.10 to dollar
The Naira on Thursday exchanged at 461.10 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.02 per cent compared with the 461.17 it exchanged on Wednesday. The open indicative rate closed at N461.25…
Naira gains 0.07% at Investors, Exporters window
The naira on Thursday exchanged at 461.17 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.07 per cent compared to the 461.50 it exchanged rate on Wednesday. The open market indicative rate closed…
Supreme Court suspends CBN deadline on old, new naira notes swap
Supreme Court on Wednesday ordered a suspension of the deadline for the swapping of old to new Naira notes by the Central Bank of Nigeria (CBN). The Supreme Court issued an interim injunction restraining the Federal Government from suspending the…
