Why currency scarcity won’t end soon in Nigeria
A vendor shows old and newly introduced Nigerian Naira banknotes in a market in Lagos on February 16, 2023. – ...
Tag: Naira
Cash crunch hits hard on businesses, says report
The lingering struggle for cash has caused a sharp decline in business activities leading to steep reduction in output, with ...
Supreme Court extends validity of old naira notes to December 2023
New Naira Notes Supreme Court on Friday extended the validity of old naira notes till December 2023. The Supreme Court ...
CBN labels Aisha Buhari’s post on old 500, 1000 naira notes as fake news
Aisha Buhari, wife of Nigeria president Muhammadu Buhari. The Central Bank of Nigeria (CBN) has refuted claims that it has ...
![[FILES] A man exchanges Nigeria’s currency Naira for US dollars in Lagos, Nigeria(Photo by PIUS UTOMI EKPEI / AFP)](https://www.afriupdate.com/wp-content/uploads/2022/11/000_98D7E9-scaled-e1658965723847-350x250.jpg)
Naira depreciates, exchanges at 456.50 to dollar
The Naira on Friday exchanged at 456.50 to the dollar at the Investors and Exporters window. The figure represented a ...
