The Central Bank of Nigeria spent N315.18bn on currency issue expenses in 2024, marking a sharp increase of 306 per cent.

the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) have reaffirmed their joint commitment to end the abuse of the Naira.

The Naira appreciated against the US dollar on Monday, closing at N1,599.00/$1 in the official market.

The naira, on Monday, dropped to N1,612 per dollar at the official side of the foreign exchange (FX) market.

The naira on Monday appreciated in the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) accounted for the highest dollar inflows of 39.85 percent in the Nigerian Foreign Exchange Market (NFEM).

Cardoso: Restoring the Dignity of Naira with Painstaking Reforms, by Rahma Olamide Oladosu   The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, took the helm of affairs at a time the Naira was on a free fall. Despite his initial steps to arrest the downward...