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Ahmed Halilu: The Man with Mandates to Print Naira Notes

Ahmed Halilu: The Man with Mandates to Print Naira Notes   The Central Bank of Nigeria, CBN, may have since announced that the naira notes of 200, 500 and 1,000 would be redesigned for some reasons, but it is the Nigerian Security Printing and Minting Company...

JUST IN: FG Disowns Emefiele Over Plan To Redesign Naira

JUST IN: FG Disowns Emefiele Over Plan To Redesign Naira Barely Forty Eight  hours after the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele announced that the apex bank would redesign the country’s currency December 15, 2022, the Federal Government Friday disagreed with him. Minister...

JUST IN: CBN Introduces New Naira Notes

JUST IN: CBN Introduces New Naira Notes   The Central Bank of Nigeria (CBN) has redesigned some new naira notes. The apex bank governor, Godwin Emefiele, made this announcement at a press conference on Wednesday. Emefiele said the new design and issues will be effective from December 15,...

CBN Recorded N8bn Transaction On eNaira Platform In One Year

CBN Recorded N8bn Transaction On eNaira Platform In One Year   The Governor, Central Bank of Nigeria, Godwin Emefiele, said the digital currency, eNaira, has recorded N8bn transactions in its one year of introduction. He disclosed this while delivering his speech at the ‘eNaira 1-year anniversary’ event...

Naira Drops Across Markets As Forex Reserves Dwindle

Naira Drops Across Markets As Forex Reserves Dwindle   The naira has continued its free fall across the exchange markets as Nigeria’s foreign exchange (forex) remained depressed amidst dwindling crude oil production. Post-trading data at the weekend showed that the naira during the week depreciated at both...

FG Considers Special FX Window For Manufacturers

FG Considers Special FX Window For Manufacturers   The Federal Government has said it will begin steps towards creating a separate and special foreign exchange window for exporting manufacturers. The Minister of Trade and Investment, Niyi Adebayo, dropped the hint during the Manufacturers Association of Nigeria Export...