Currencies
Nigeria's daily parallel market exchange rate tracker
CBN tells Nigerians in diaspora: We will not wait for you to bring your naira
However, he reiterated that the current currency would remain legal tender alongside the new Notes until January 31, 2023.
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CBN to reduce the volume of N500, N1000 in circulation to curb inflation
Emefiele suggested that Nigerians should start carrying N50 around and use electronic banking for large transactions
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President Buhari to launch new naira note on Wednesday November 23rd
The governor of Nigeria's central bank, Godwin Emefiele has announced that President Buhari will launch the new naira notes on...
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CBN launches countdown clock showing days left till new naira notes
In October, the apex bank announced that it would redesign the N200, N500, and N1,000 notes.
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Does this data confirm CBN is to blame for increase in currency outside banks?
The total amount of currency outside of Nigerian banks rose by N1 trillion to a whopping N2.8 trillion as of...
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Nigeria’s external reserve falls to one year low
Nigeria's external reserve fell to $37.17 billion as of 15th of November 2022, data from the central bank of Nigeria...
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CBN’s official rate punishes local producers and subsidizes foreign producers – Expert
He said a strong naira would discourage local producers
Read moreDetailsSenate backs CBN on redesign of naira notes
The lawmakers also questioned the impacts the redesign will have on the economy and residents living in rural areas
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EFCC nabs alleged currency speculator in Abuja
The arrest was made as part of effort to sanitise the foreign exchange market
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Cement companies report widespread foreign exchange losses
Three cement companies recorded N78.6 billion in foreign exchange losses between January and September 2022
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