CBN To Circulate Over N700bn New Notes
The Central Bank of Nigeria (CBN) will by the ending of February 2023, circulate N700 to N800 billion new Naira notes. Its governor, Godwin Emefiele announced this on Thursday at…
Presidency Denies Claims Saying Tinubu Advised Buhari To Print Naira
The Presidency has denied claims that President Bola Tinubu advised former President Muhammadu Buhari to print Naira in 2020. According to Bayo Onanuga, a Special Adviser on Information and Strategy…
Naira Gains Despite 32% Drop in FX Market Turnover
Nigeria's foreign exchange market turnover declined by 32.28% in December 2024, falling to $9.74bn from $14.39bn in November. The decline was attributed to ongoing foreign exchange market reforms and broader…