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Naira

EFCC Arrests 5 CBN Staff For Stealing N8 Billion Meant For Destruction

The Economic and Financial Crimes Commission (EFCC) has apprehended five top officials of the Central Bank of Nigeria (CBN) and 16 others for alleged...

Man Arrested For Defrauding 4 Clerics In Ebonyi

NAN - The Ebonyi Police Command on Wednesday, May 12, 2015 confirmed the arrest of a suspect who allegedly defrauded four clergymen of millions...

Opinion: Nigerians Will Become Lazy Under General Buhari’s Govt

by Avwenagha Edesiri I woke up on Easter Sunday morning thinking of what to do considering that the Easter Vigil Mass I had attended on...

Dollar Sales By Oil Firms Boost Naira

NAN - The naira remained steady on the interbank forex market on Wednesday as large dollar sales by oil companies increased liquidity. This came a...

Naira Will Rebound After Polls – CBN

The Central Bank of Nigeria (CBN) has stated that the nation's currency which has lost about 30 percent of its value against the United...

CBN Devalues The Naira, Now Officially Trades At N199 To The Dollar

Developing reports have it that the The Central Bank of Nigeria (CBN), has officially devalued the Naira. According to the reports, the devaluation occurred overnight...

Naira Hits N215 To Dollar At BDC’s Segment

NAN - The Naira on Friday depreciated by N5 to the dollar as it traded N215 at the Bureau De Change (BDCs) segment of...

Okechukwu Ofili: The Naira Is Dropping! But Should You Panic?

DISCLAIMER: I am not an Economist … I am just an Engineer. If you are like me living in Nigeria, you are very worried about...

Elections Can’t Destroy Nigeria’s Economy – CBN Governor, Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has posited that Nigeria's economy can not fail because of the election in...

Nigeria Met All Primary Criteria For Attaining Single Currency In 2013 — CBN

Alade disclosed this at the 37th Technical Committee meeting of the West African Monetary Zones (WAMZ), in Abuja. The four primary criteria include single-digit inflation...

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