Tag: Naira

NNPCL Announces Move go Stabilize Naira

The Nigerian National Petroleum Company Limited (NNPCL) has announced its move stabilise Naira by boosting Nigeria's gas production. Mele Kyari, the Group Chief Executive Officer made the pledge on Thursday,…

Reason Behind Naira Scarcity— CBN

The Central Bank of Nigeria has revealed why the Nigeria currency is scarce in recent days. CBN’s Director of Consumer Protection, Mrs Rashida Mongunu made the revelation on Thursday while…

Why We Sued Buhari Over Naira Redesign— El-Rufai

Governor Nasir El-Rufai of Kaduna State has disclosed why President Muhammadu Buhari was sued by some governors of the All Progressives Congress concerning naira redesign. According to El-Rufai, the APC…

Naira Declared Best Performing Currency Globally

The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has announced that the Naira has been declared the best-performing currency globally as of April 2024. Cardoso stated that…

Urhobo Christian Crested Arabic Inscription on Army Logo, MURIC Reveals

The Muslim Rights Concern (MURIC) has come forward with facts that a Christian, General David Akpode Ejoor (rtd) was behind Arabic inscription crested on the Nigerian Army logo. This is…

Daily Report

Council of State Asks CBN To Print More New Naira Notes

Members of the Council of State have asked the Central Bank of Nigeria to make the new 200, 500, and 1000 naira notes available. The house stated this in a…

BREAKING: Supreme Court Insists On Hearing Naira Suit

The Supreme Court says it must hear the suit concerning naira policy on Wednesday, February 22. At Wednesday’s proceeding, counsel for Lagos State, Moyosore Onigbanjo prayed to the court to…

Dollar to Naira Exchange Rate: Black Market Traders Sell at N1570

The dollar to naira exchange rate at the black market, also known as the parallel market, stands at N1570 for selling and N1560 for buying, according to sources at Bureau…

US Dollar vs NIG Naira: The Real Issues

By Dr Oni Gbolabo Appreciation and depreciation of currency is not related to race or color or who is the president be it Hausa Igbo or Yoruba. It is basically…

Daily Report

Money Bouquets Now Form Of Naira Abuse — CBN

The Central Bank of Nigeria (CBN) has listed money bouquets as a form of naira abuse. The apex bank made this known in a tweet on Friday. It was informing…