Oxfam, an independent non-governmental organisation, has revaleed that the wealth of four Nigerian billionaires can cover the whole of Lagos in 500 notes ...

The Nigerian currency fell against the dollar in the official window on Monday, January 20, 2025, trading at N1,551 per ...

Hawking of mint naira notes is not a new phenomenon in Nigeria. It's a common practice at event centres in the country. This is not a justification for the practice. True, the commoditisation of ...

Reports that the former series of N200, N500, and N1,000 banknotes will no longer be accepted as legal tender by December 31, 2024, have been refuted by the Central Bank of Nigeria. The CBN stated ...

The naira is "long overdue for a new look," Nigerian President Muhammadu Buhari said at the launch on Wednesday. The new paper notes designed in Nigeria and featuring enhanced security "will help ...

The Central Bank of Nigeria (CBN) has reaffirmed the validity of the old Naira notes. It reached last night ... including the old and new designs of N1000, N500, and N200 denominations, as well ...

New data has revealed that the value of Nigerian currency fell in the official and unofficial foreign exchange markets ...

EFCC has invited Subomi and Wahab, sons of billionaire business mogul, Razaq Okoya, over a viral video of them spraying Naira ...

The redesign of the higher denomination naira notes ... of the new notes in circulation, with people unable to withdraw them from banks. The move by the the Central Bank of Nigeria (CBN) is ...

Nigeria's Supreme ... redesign of the naira notes. The justices said that not enough notice was given to the public before the old notes were withdrawn. Not enough of the new notes were released ...