Nigerian banks continue to limit cash withdrawals, causing frustration among customers who prefer using cash for transactions. Business Hallmark’s investigations reveal that some banks still restrict...
The Presidency has vowed to shock currency speculators, noting that President Bola Tinubu’s administration is working on policies that will strengthen the naira. Tope Fasua, Special...
The Central Bank of Nigeria (CBN) has said that it has no plan to redenominate or restructure the naira notes in 2024. The apex bank said...
…as speculation, adverse perceptions hobble its recovery By AYOOLA OLAOLUWA Despite the Federal Government’s valiant efforts to shore up the value of the naira,...
The World Bank has said that the nation’s currency, naira, lost 10.2 per cent of its value in 2022. This came as rising food and fuel...
By Sunday Oguntuyi, Osogbo A Pan-Yoruba Cultural group, Oodua Youth Parliament (OYP) has handed a three-day ultimatum to heads of the nation’s apex bank, the Central...
Adebayo Obajemu The Central Bank of Nigeria (CBN), has expressed assurance that the new naira notes will be distributed to every part of the country before...
BY EMEKA EJERE Expectations are high that the RT 200 Forex Programme of the Bankers Committee and the Central Bank of Nigeria (CBN) will achieve its...
BY EMEKA EJERE There is a near stability at the official Investors and Exporters (I&E) window of the Nigeria’s foreign exchange market following intensified efforts by...