500.78 per dollar compared with N1,510.72 per dollar, according to Nigerian Foreign Exchange Market (NFEM) rates released by the Central Bank of Nigeria (CBN). Analysts note that the naira has been ...

The Nigeria Labour Congress has frowned on the recent hike in the pump prices of Premium Motor Spirit, popularly called ...

To receive the new 500-pound and 1,000-pound banknotes, citizens have been required to deposit their old notes in banks and are allowed to withdraw limited amounts daily. This strategy has drawn funds ...

Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

Key sections of the Act . The CBN is solely authorized to issue Naira and kobo notes (Sections 17, 18, and 19 of the Act). Counterfeiting Naira notes is a severe offense punishable by up to five ...

with Nkpọkiti dancers representing the country in New York, Washington, Jamaica, Barbados, Brazil, Venezuela, Trinidad and Tobago, Cuba, Port of Spain, and England. The five Naira note has ...

Raheem Okoya, son of billionaire businessman Chief Razaq Okoya, has issued a public apology for his involvement in a viral video that showed him and his brother, Wahab abusing naira notes.

000 notes in a promotional clip for Raheem’s new song titled “Credit Alert.” In the video, the duo, dressed in white agbadas, danced while a mobile policeman held stacks of crisp naira notes ...

This is based on a comparison of 25+ currency suppliers and if you were buying £500 ... rate. Note: You may need to refresh this page. Q: What is the Pound worth against the Nigerian Naira?

Subomi and his brother Wahab were seen in a viral video spraying naira notes at a public event, an action that contravenes Section 21(3) of the Central Bank of Nigeria Act, 2007. Subomi and Wahab ...

The apex bank launched a new FX Code to boost liquidity and transparency, warning banks and traders of dire consequences if ...