Naira

UK Pounds exchanges currently at the of N1000 to £1 for the past 5 days on the black market. According to Nairametrics tracker records of black-market exchange rates, for over the last four weeks since the central bank…

The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging N770.38 to the dollar. The local currency showed a 16.19 per cent decrease when compared with N663.04 it exchanged to the…

Following the naira crunch which has hit hard on the economy putting many businesses and individuals in a suffering condition even before the general elections. The Central Bank Of Nigeria (CBN) has today decided to take a fast…

It has been a thug of war for Naira as the naira just managed to appreciate against dollar on Wednesday, exchanging at N461.09 at the Investors’ and Exporters’ window. The rate represented an increase of 0.07 per cent, compared…

...even with the new Naira redesign policy. It is very sad that Naira keep loosing value to the dollar exchanging for N461.67 at the Investors’ and Exporters’ window. And this rate represented a decrease of 0.04…

The Kano State Government has filed a suit against the Federal Government at the Supreme Court, challenging the Naira redesign policy of the Central Bank of Nigeria (CBN). The Kano state government is praying the court for a mandatory…

...read the attached to clear your doubt.

The Peoples Democratic Party presidential candidate, Atiku Abubakar, on Wednesday, asked the Central Bank of Nigeria not to grant a further extension after February 10 deadline for naira swap. This, he said, had become imperative to…

The Central Bank of Nigeria has extended deadline for the swapping of old naira notes till February 10, 2023. The CBN stated this in a release on Sunday. The apex bank said it added a 10-day extension of the deadline from January 31,…

The President, Major General Muhammadu Buhari (retd.), on Saturday, reiterated his earlier position that there was no going back on the naira redesign project and ruled out the extension of the January 31 deadline for the old N1,000, N500…