#Naira

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Naira Gains N126 Against Dollar In 48-Hour

September 28, 2024 Musa Jibril

The Naira gained N126.64 against the dollar at the official foreign exchange market in 48 hours. FMDQ data showed that between Thursday and Friday, the Naira appreciated to N1540.78 per…

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CBN Slashes Exchange Rate For Cargo Clearance Amid Naira Appreciation Against USD

March 18, 2024 Dr Ogheneyoma Grace

The Central Bank of Nigeria has reviewed its exchange rate for cargo clearance downwards by N18.87 to N1593.41 per US dollar amid the continued appreciation of the Naira in the…

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Naira Free Fall: CBN Gov Blames Rising Number Of Nigerians Schooling Abroad, Medical Tourism

February 6, 2024 Dr Ogheneyoma Grace

The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso has attributed the recent increase in the dollar exchange rate to the rise in Nigerian students who study abroad,…

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Rising Import Costs: Nigeria Customs Sets New Exchange Rate for Port Clearances

February 3, 2024 Gideon Ese

Nigeria Customs Service Adjusts Exchange Rate, Import Costs Soar In a move set to impact the cost of imported goods, the Nigeria Customs Service (NCS) has once again revised the…

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Nigerian Students Abroad Cry Over Naira Fall

February 2, 2024 Gideon Ese

Nigerian Students and Parents Struggle Amid Soaring Tuition Fees Due to Naira Devaluation In the wake of the Nigerian government’s decision to remove the rate cap on the official foreign…

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Why There Is Naira Scarcity – CBN

December 11, 2023 Okolosi Gloria

Central Bank of Nigeria Addresses Naira Notes Shortage Claims The Central Bank of Nigeria (CBN) has shed light on the recent shortage of Naira notes across various channels in the…

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Nigerians Shout Amen As Adeboye Predicts Naira will Bounce Back, Stronger Than Dollar Soon (Video)

September 3, 2023 Dr Ogheneyoma Grace

Amen! Nigerians Rejoice As Pastor Adeboye Foresees Naira’s Strength Surpassing the Dollar.  Nigerians found hope and faith as they joined Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian…

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Tinubu putting Nigerians through scary, difficult times – Popular APC Governor’s wife

August 15, 2023 Okolosi Gloria

Ogun First Lady Voices Concerns Over Economic Challenges Amid Rising Petrol Prices and Naira Depreciation Bamidele Abiodun, the First Lady of Ogun State, has raised her voice against the backdrop…

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Exchange Rates

Naira to Dollar gains across all exchange windows amidst Suspension of Godwin Emefiele

June 14, 2023 Omajemite Don

In a positive turn of events at the Nigerian currency markets, the naira experienced modest gains at the parallel markets on Monday and maintained stability at the official exchange rate.…

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Exchange Rates

Naira to dollar gains across all exchange windows

April 15, 2023 Omajemite Don

The Nigerian naira has experienced a surge in value against the United States dollar in the parallel market, reportedly due to the influx of funds from political figures who allegedly…

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Supreme Court news: Apex Court fixes judgment for March on cash swap

February 22, 2023 Omajemite Don

Latest Supreme Court news on Naira scarcity.  On Wednesday, the Supreme Court postponed a case brought by state governments against the federal government that contested the implementation of the redesign…

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New Naira Notes: Fresh Facts Why CBN Redesigned Naira Notes Emerges

November 23, 2022 Media Partner

New Naira Notes: Reasons CBN redesigned the Currency On October 26, 2022, Godwin Emefiele, the Governor of the Central Bank of Nigeria, made the announcement that new currency would be…

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Ask Ejes Gist News

Naira Re-design: Five Things every Nigerian must know about CBN new naira notes ahead of circulation

November 18, 2022 Media Partner

Naira Re-design: Bank charges, closing hours change: Five things to know ahead of new naira notes The CBN has continued to advocate for and inform Nigerians about the Re-design of…

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Adeboye Slam FG over Naira redesign Amidst Constant Depreciation

November 5, 2022 Media Partner

Adeboye decries naira depreciation, knocks FG over redesign Pastor Enoch Adeboye, General Overseer of the Redeemed Christian Church of God, has criticised the Federal Government’s choice to redesign the naira.…

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Business news

Buhari, Moghalu Backs Emefiele’s Call for Naira Re-design Amidst Finance Minister’s Rejection

October 31, 2022 Media Partner

Buhari backs Emefiele over naira re-design President Muhammadu Buhari stated Wednesday that he supports the Central Bank of Nigeria (CBN) in its plan to redesign Naira notes, despite controversy surrounding…

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Naira Redesign: Trouble in Paradise as CBN Insists it Followed Due Process Amidst FG claims

October 29, 2022 Media Partner

Naira Redesign: CBN Insists on following law, due process for Naira redesign The Central Bank of Nigeria (CBN) insists that it followed the law and proper procedure to carry out…

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BREAKING: Federal Government Disowns CBN Governor, Emefiele Over Plan To Redesign Naira

October 28, 2022 Jake Clifford

On Friday, the Federal Government distanced itself from the proposed redesignation of the Naira by the Governor of the Central Bank of Nigeria, Godwin Emefiele.   The Federal Government has…

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FG Disowns Emefiele, Rejects Re-Designed Naira Plan

October 28, 2022 Media Partner

Naira: Finance minister opposes CBN’s plan to redesign Naira Almost Forty Eight hours after the Governor of the Central Bank of Nigeria, Godwin Emefiele, declared that the apex bank will…

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