The naira exchanged at 418.33 to the dollar at the investors and exporters window on Wednesday, representing a 0.32 per...
In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria (CBN) has released guidelines for the operation of the...
Nigerian airlines have increased airfare by 100% with immediate effect after a meeting in Lagos by domestic airline operators on Monday. Although the airlines agreed to...
The Nigerian government has indicated willingness to join membership of the global Financial Action Task Force (FATF) on money laundering and terrorist financing watchdog in a...
Nigeria’s digital currency, eNaira app on Thursday was restored to the Google Play Store 24 hours after it was removed from the app. Following the launch...
The Central Bank of Nigeria (CBN) on Wednesday raised alarm over fake and fraudulent eNaira social media handles. Director, Corporate Communications, Osita Nwanisobi, said some persons...
The Central Bank of Nigeria, CBN, has said that all transactions executed on digital currency platform, eNaira, will be free for next 90 days. The apex...
President Muhammadu Buhari has officially launched eNaira, the Nigerian digital currency in Abuja on Monday. Buhari performed the ceremony at the State House with Vice President...
Naira fell significantly against the dollar at the official market on Wednesday as it exchanged for N415.10 to $1, the lowest rate ever recorded in recent...
Renowned Nigerian economist, Bismarck Rewane, says Vice President Yemi Osinbajo was “absolutely correct” on his comments that Nigeria has an artificially low foreign exchange rate. According...