New naira notes have enhanced security features – Experts
Economic experts Mr Idakolo Gbolade and Chief Executive Officer, Economic Associates, Mr Ayo Teriba have disclosed that apart from the change in colour of the...
An expert has revealed the solution to Nigeria’s soaring inflation.
Mr Idakolo Gbolade, a Financial Inclusion/Wealth Management expert, has discovered the solution to Nigeria's soaring inflation. The National Bureau of Statistics, NBS, issued its October...
Naira redesign: Deji Adeyanju identifies the people that will be attacked in 2023.
Deji Adeyanju, a popular socio-political activist, alleged on Tuesday that the Central Bank of Nigeria's (CBN) redesign of the naira was aimed at opposition political...
Expert: Bureau de Change operators stifling naira growth
According to Dr. Boniface Chizea, a consultant, the activity of Bureau De Change operators is stifling the Naira's growth against foreign currencies. In the parallel...
The redesign of the Nigerian naira will expose corrupt politicians, according to a university professor.
Professor Kayode Bamidele, a senior lecturer at Ahmadu Bello University, Zaria's Department of Economics, said on Friday that the redesigning of the naira would expose...
Naira Islamization: Retain Arabic inscription on redesign for brotherhood sake – Arewa youths, Adeyanju to CBN
The Central Bank of Nigeria, CBN, has been called upon to retain the Arabic inscription on the redesigned naira notes. Recall that the CBN Governor,...
CBN’s planned redesign of Naira notes has received knocks and kudos.
Financial experts and analysts have expressed mixed feelings about the Central Bank of Nigeria's proposed redesign of Naira notes (CBN). According to NenyKo, the CBN...
Naira Islamization: Insert Arabic on all denominations redesign – Islamic group tells CBN
Muslim Rights Concern (MURIC) has backed the Central Bank of Nigeria's (CBN) decision to redesign the naira. The Islamic human rights organisation, however, stipulated that...
Naira Islamization Remains: Emefiele has confirmed that the Arabic inscription will not be removed – Sanusi
Former Kano Emir, Muhammadu Sanusi, has stated that the Arabic inscription on the naira notes will remain in the redesigned currency. Sanusi claimed that the...
The redesign of the naira will not stop terrorism and kidnapping, warns Primate Ayodele.
Primate Elijah Ayodele, Leader of the NRI Evangelical Spiritual Church, has warned that the Central Bank of Nigeria's (CBN) decision to redesign the naira will...
Naira redesign: ‘Those with illicit money buried under soil will have a problem,’ says Buhari, defending the CBN.
President Muhammadu Buhari backed the Central Bank of Nigeria's (CBN) decision to introduce new naira denomination designs on Sunday. Buhari stated that the new naira...
Naira redesign: Primate Ayodele to Buhari: Fire CBN’s Emefiele
Primate Elijah Ayodele of the INRI Evangelical Spiritual Church asked President Muhammadu Buhari on Sunday to fire the Governor of the Central Bank of Nigeria,...
Naira redesign: CBN insists that we followed the proper procedure.
The Central Bank of Nigeria (CBN) said on Saturday that it followed due process in redesigning some naira denominations, insisting that the exercise was twelve...
Sheikh Gumi believes the proposed Naira redesign is economic suicide.
Sheikh Gumi, a prominent Islamic cleric, has slammed the Central Bank of Nigeria (CBN) over the proposed redesign of the Naira. Gumi said in...
Fighting terrorists and kidnappers has nothing to do with redesigning the naira, according to Fr Kelvin.
Fr Kelvin Ugwu, a popular Nigerian Catholic priest on mission in the Gambia, has criticised the Central Bank of Nigeria for its new policy of...
Naira redesign: HURIWA supports the finance minister and urges Buhari to fire Emefiele.
The Human Rights Writers Association of Nigeria (HURIWA) backed Finance Minister Zainab Ahmed's warning of "serious consequences on the value of the naira against other...
Currency reform will expose corrupt wealthy individuals. – Naddo
Dr. Ibrahim Shehu Nadabo, an Economics lecturer at Federal University Gusau, has emphasised the need for an urgent and immediate redesign of the Nigerian currency,...
New Naira: CBN did not have to notify you – Moghalu to Zainab Ahmed, Finance Minister
Kingsley Moghalu, a former African Democratic Congress presidential candidate, has criticised the Minister of Finance, Budget, and National Planning, Zainab Ahmed, for claiming she was...
Naira Redesign: Controversy and fear as the CBN takes drastic measures to save currency
In the face of record inflation, the Central Bank of Nigeria, CBN, announced within a week the redesigning of Naira's higher denominations in an effort...
Naira redesign: The FG distances itself from policy and warns the CBN of the consequences.
Zainab Ahmed, Minister of Finance, Budget, and National Planning, has distanced herself from the planned naira redesign announced by Central Bank Governor Godwin Emefiele 48...
CBN: The redesign of the naira may exacerbate the forex crisis, according to Moghalu.
Kingsley Moghalu, a former African Democratic Congress presidential candidate, has said that redesigning the naira notes will not reduce inflation in Nigeria. According to Moghalu,...
Islamization of Niara: Nigerians react after politician Adamu Garba called on the Central Bank of Nigeria (CBN) to keep the two “official languages of English and Arabic” on redesigned Naira notes.
Nigerians on Twitter reacted to a Tweet shared by Adamu Garba, a former presidential candidate of the ruling All Progressives Congress, advising the Nigerian Central...
Naira Notes Change: CNPP reacts to CBN decision, reveals those opposed to the move
The Conference of Nigeria Political Parties (CNPP) praised the Central Bank of Nigeria (CBN) on Thursday for its unexpected decision to redesign high denomination Naira...
The naira is up slightly, trading at 441.25 per dollar.
On Monday, the Naira was worth N441.25 per dollar at the Investors and Exporters window, indicating a slight appreciation. The figure represented a 0.03 percent...
The naira is slightly stronger against the dollar.
The Naira rose slightly against the dollar at the Investors and Exporters window on Monday, trading at 436. The rate represents a 0.08 percent increase...
Billionaire bunkers: How the world’s wealthiest pay to avoid reality
J.C. Cole will be ready when civilisation crumbles. He established Safe Haven Farms, a high-security compound to weather the next pandemic or climate-change disaster. Those...
The naira is slightly weaker against the dollar.
The naira fell slightly against the dollar on Friday, trading at N436.33 versus N436.32 on Thursday. On Friday, the open indicative rate was N433.83 to...
The pound has dropped to its lowest level against the dollar since 1985.
The British pound has dropped to its lowest level against the US dollar since 1985. The Pound fell by 0.64% to $1.145 on Wednesday...