The International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local...
A financial expert, Mr Okechukwu Unegbu, has advised the Federal Government to consider pricing the country’s crude oil in Naira in order to strengthen the local...
By Tony Obiechina, AbujaNigerians are holding onto cash at an unprecedented rate, with a staggering 94 percent of the country’s currency outside the banking system.This was...
By Zakari Mijinyawa In its Updated Guidance for a Risk-Based Approach for Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs), released in 2021, the Financial...
By Tony Obiechina, Abuja The currency in circulation in the country dropped by a 235.03 per cent to N982.09bn at the end of February from N3.29tn...
By Tony Obiechina, Abuja The currency in circulation in the country dropped by a 235.03 per cent to N982.09bn at the end of February from N3.29tn...
President Muhammadu Buhari has unveiled the new naira notes of N1000, N500, and N200 at the Council Chamber of the Presidential Villa, Abuja. The unveiling of...
By Mathew Dadiya, Abuja Data released by the Central Bank of Nigeria (CBN) has shown that currency in circulation rose from N2.2tn at the end of...