Tag: Currency
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Here Are The Strongest National Currencies in the World
You might assume the strongest currency would be the U.S. Dollar (USD) or British Pound Sterling (GBP) as both hold significant influence over other currency pairs. ... -
Reps accept Emefiele’s apology, CBN gov allays fears
The House of Representatives, on Tuesday, accepted the apology of the governor of the Central Bank of Nigeria, Godwin Emefiele, over his failure to appear before ... -
DSS arrests syndicates selling new naira notes
The Department of State Services on Monday said its officers have arrested an undisclosed number of persons involved in the sale of the new naira notes. ... -
New naira: Extend deadline, Ganduje, clerics urge CBN
The Kano State Government and Islamic clerics from Tijjaniyya, Qadiriyya, and Izala sects in the state have called on the Federal Government to extend the January ... -
Few days after release, fake new N1,000 notes in circulation
Few days after the Central Bank of Nigeria, CBN, released the redesigned naira notes in the denominations of N200, N500 and N1,000, fake copies of the ... -
Experts Speak on Naira Recovery As It Returns to Above N700 to a Dollar at Black Market
The Nigerian currency kicked off the new week on a low after closing impressively last week. According to Naira rates, Black market traders on Monday dropped ... -
EFCC raids Abuja Bureaux de change offices
Officials of the Economic and Financial Crimes Commission raided the offices of black market currency dealers in Abuja on Tuesday, November 1, 2022, arresting an unconfirmed ... -
Naira redesign: Put Arabic on all denominations – Islamic group tells CBN
The Central Bank of Nigeria (CBN) has received support from Muslim Rights Concern (MURIC) for its decision to redesign the naira. The Islamic human rights organization, ...