Tag: NAIRA
Naira-For-Crude Deal Begins Tuesday – Tinubu Panel
The Nigerian National Petroleum Company Limited, NNPCL is set to commence supply of crude in naira to the Dangote Petroleum Refinery is to begin...
EFCC Secured 3,175 Convictions, Recovered N156BN In One Year -Secretary
The Economic and Financial Crimes Commission, EFCC has secured 3175 convictions and recovered 156 billion naira between May 29, 2023, and May 29, 2024.Spokesperson...
Forex: FG To Raise $10BN For Increased Liquidity, Naira Stability
Federal Government has expressed determination to raise at least 10 billion dollars to increase foreign exchange liquidity to stabilise the Naira and grow the...
Naira Gains 0.23% Against The Dollar At Investors, Exporters Window
Naira appreciated at the Investors and Exporters window on Wednesday exchanging at 463.33 naira to the dollar, a 0.23 per cent increase against the...
Senate Orders Works Ministry To Refund N692m Over Alleged Fictitious Contracts
The Federal Ministry of Works has been ordered to repay into the nation’s account the sum of 692 million naira allegedly spent on fictitious...
Naira Redesign: Emefiele Urges Nass, Nigerians To Show Understanding
Central Bank of Nigeria CBN has urged lawmakers and Nigerians to show understanding, adding that the apex bank was out to combat the incidence...
CBN Says Hoarding, Counterfeiting, Reasons For Naira Redesigning
The Central Bank of Nigeria CBN said counterfeiting and hoarding were the reasons for redesigning and issuing new naira notes.Deputy Director, Currency Operations Department,...
Foreign Exchange: Naira Depreciates Further To N614/$ At Parallel Market
The Nigerian naira has dropped to N614 against the dollar at the parallel section of the foreign exchange market.The figure signifies a depreciation of...
Nigeria: CBN’s Naira Support Dips Foreign Reserves Despite Rising Oil Prices
Nigeria's external reserves continued its depletion as the Central Bank of Nigerian, CBN, maintained its support for the Naira, dropping by $537.45 million between...
CBN Devalued Naira Again, Now N381 to Dollar
The Central Bank of Nigeria on Tuesday adjusted the value of the naira to exchange to the dollar at N381, as parts of measures...
Citizens To Pay N50 Stamp Duty On Electronic Receipts, – FG
The Federal Inland Revenue Service, FIRS says it will from now charge Nigerians 50 naira stamp duties on all forms of electronic notifications, which...
