The naira rose to its highest level against the dollar since December 2022 on Wednesday as demands for the dollar-backed...
Read moreDetailsAnalysts advise that CBN needs to work with the non-cash vendors to take the demand for cash as naira went...
Read moreDetailsDespite a decline on Monday, crypto assets and Bitcoin remain close with Ethereum circling around $1,790 and gaining 50% this...
Read moreDetailsThe Naira redesign failed to achieve some of its objectives such as curbing inflation, and the CBN governor's involvement in...
Read moreDetailsThe Central Bank of Nigeria (CBN), has confirmed the evacuation of banknotes from its vaults to commercial banks across the...
Read moreDetailsNigeria’s currency in circulation fell to a record low of N982 billion in February 2022 down from N1.39 trillion recorded...
Read moreDetailsKingsley Moghalu said the cashless policy was introduced by the CBN's Committee of Governors to encourage digital transactions and not...
Read moreDetailsHere is an analysis of some of the gainers and losers of cash scarcity across the country, based on findings...
Read moreDetailsThe exchange rate between the naira and dollar sold for as high as N551/$1 on the official spot rate of...
Read moreDetailsThe Nigerian Poultry industry lost more 15 million crates of eggs valued at over N30 billion due to the adverse effects...
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