Currencies

The eNaira, Africa's first digital currency, successfully completed N46.3 million worth of transactions in less than two weeks of launch....

The Central Bank of Nigeria (CBN) stated that it recorded a significant reduction in foreign exchange deposits by Deposit Money...

The Central Bank of Nigeria recorded about N2.907 trillion currency in circulation in the economy as at end-December 2020. This...

Friday, 5th November 2021: The exchange rate between the Naira and the US dollar closed at N414.30/$1, at the official...

The Central Bank of Nigeria (CBN) has said that the volume of counterfeit currency in circulation dropped from 84,934 pieces...

The Central Bank of Nigeria has stated that it disposed of N698,480.00 million worth of unfit banknotes in 2020. This...

Thursday, 4th November 2021: The exchange rate between the naira and the US dollar closed at N415.1/$1, at the official...

The Central bank of Nigeria reduced the cost of printing banknotes in 2020 by ₦16.905 million, showing a 28.8% decline....

The Central Bank of Nigeria (CBN) has revealed that it discovered counterfeit notes with a nominal value of N56.83 million...

....We explain why this could lead to another exchange rate adjustment and the inherent opportunities. So the Federal Reserve Bank...