The CEO of Binance, Richard Teng, has spoken out against the detention of the company’s executives in Nigeria, labelling it a “dangerous precedent” for companies globally....
To educate the public, the Central Bank of Nigeria (CBN) has identified eight specific actions that constitute naira abuse, News About Nigeria reports. This enlightenment was...
The Central Bank of Nigeria (CBN) has issued a circular prohibiting the use of foreign currency (FCY) as collateral for Naira-denominated loans, News About Nigeria reports....
The Central Bank of Nigeria (CBN) has announced that over $1.5 billion has flowed into the Nigerian economy in recent days, News About Nigeria reports. Mrs....
The naira is currently exchanged at N1396 to a dollar in the official market and N1470 in the parallel market
This comes after the Federal Government accused Binance of exploiting the Nigerian currency, leading to its free fall in value
A former presidential aide, Reno Omokri, on Friday tasked Nigerians with using made-in-Nigeria products, News About Nigeria reports. According to Omokri, using made-in-Nigeria products would go...
Oil marketers have clarified that refined petroleum products from the $20 billion Dangote Petroleum Refinery will be sold in naira, debunking speculations of transactions in United...
The Central Bank of Nigeria (CBN) has issued a warning to Point-of-Sale (PoS) operators, expressing concerns about collusion between some Deposit Money Banks (DMBs) and PoS...
Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has blamed the poor implementation of the naira redesign strategy for the country’s ongoing cash...