Naira

CBN’s Plan To Redesign Naira Is Purely Political, Lacks Basis In Economics – Obaseki

Edo State Governor, Godwin Obaseki has condemned the proposed plan by the Central Bank of Nigeria (CBN) to redesign some…

“We Followed Due Process, Buhari Approved Naira Redesign” – CBN Replies Finance Minister

The Central Bank of Nigeria (CBN) has reacted to the controversy trailing the planned redesigning of some naira denominations after…

Finance Ministry Opposes CBN’s Plan To Redesign Naira, Says It Wasn’t Consulted

The Minister of Finance, Budget, and National Planning, Zainab Ahmad, has disassociated her ministry from the planned redesigning of some…

Nigerian Senate Summons CBN Governor, Godwin Emefiele Over Naira Devaluation

The Nigerian Senate has summoned the Governor of the Central Bank of Nigeria, Godwin Emefiele, to educate and inform senators…

Nigerian Court Sentences Chinese Man To Prison For Tearing Naira Notes Into Pieces

A Federal High Court in Ikoyi, Lagos, has sentenced a Chinese national, Li Lei Lei, to two years imprisonment for…

Davido Raises Alarm Over Dollar Naira Exchange Rate, Says ‘Drastic Action Is Needed’

Popular Nigerian singer, Davido has taken to social media to call for urgent action towards reversing the rise in the…

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