NAIRA Archives - Page 4 of 4 - Global Upfront Newspapers

Naira In A Free Fall, Sells At N818/$ As Dollar Scarcity Hits BDCs

Global UpfrontNov 1, 2022November 1, 20220

Nigeria’s national currency, naira has begun a free fall against the U.S. Dollar as it fell to N818/$1 at the parallel market on Monday in

Buhari Snubs Finance Minister, Says “CBN Has My Backing In Replacing Naira Notes”

Global UpfrontOct 30, 2022October 30, 20220

President Muhammadu Buhari on Sunday said that the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace high value Naira

CBN Fires Back At Finance Minister, Says President Buhari Approved Naira Redesign Project

Global UpfrontOct 29, 2022October 29, 20220

The Central Bank of Nigeria (CBN) has said it followed due process as far as redesigning three series of the naira is concerned. Spokesperson of

Nigeria’s Excess Crude Account Balance Crashes As Economy Plunges

Global UpfrontJul 27, 2022July 27, 20220

Nigeria’s rainy day fund from oil revenue plunged to $376,655.09 at the end of June, from $35.37 million the prior month, amid limited crude exports,

Lagos Court Jails Chinese 2 Years For Naira Mutilation

Global UpfrontMay 31, 2022May 31, 20220

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, Tuesday, May 31, 2022, secured the conviction and sentencing of one Li Lei

Sign In To E-Naira As Naira Notes Will Soon Be Out Of Circulation, Says CBN Official

Global UpfrontMay 20, 2022May 20, 20220

The Central Bank of Nigeria CBN has said that paper currency will soon be out of circulation, urging market men and women to sign into

Nigeria: Dollar Hits N600 At Parallel Market As Forex Supply Shrinks

Global UpfrontMay 17, 2022May 17, 20220

One dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s currency. The rate at the

Nigeria Offer Naira Incentives To Exporters, Others To Repatriate Dollars

Global UpfrontFeb 27, 2022February 27, 20220

Nigeria will offer a Naira incentive to exporters of semi-processed or finished goods made at home in a push to shore up the country’s dollar

CBN says Naira will fall further in value from January, as economic crisis continues

Global UpfrontDec 27, 2020December 27, 20200

The Central Bank of Nigeria (CBN) says that a survey carried out by its Statistics Department shows that Nigeria’s currency, Naira, is expected to depreciate