Oxfam Nigeria, a non-profit organisation, has warned that the wealth gap in Nigeria has reached crisis levels, with 70 ...

Key sections of the Act . The CBN is solely authorized to issue Naira and kobo notes (Sections 17, 18, and 19 of the Act). Counterfeiting Naira notes is a severe offense punishable by up to five ...

The Central Bank of Nigeria has denied plans to declare old naira notes illegal ... circulation of all versions of the ₦1000, ₦500, and ₦200 denominations of the Naira indefinitely”.

The naira appreciated against the dollar at both official and black markets on Tuesday to end 2024 on a positive note. FMDQ data showed that the naira strengthened slightly to N1538.25 per dollar ...

As Nigeria grapples with acute cash scarcity, fake naira notes are increasingly finding their way into circulation, particularly in cities like Lagos, Port Harcourt and the Federal Capital Territory ...

The naira's value in the official and unofficial foreign exchange markets dropped on Monday against the United States Dollar, ...

In his 2025 budget presentation, Tinubu projected that the naira's value would recover to N1,500 per dollar. The president also promised Nigerians that there would be a reduction in the inflation rate ...

The Nigerian naira extended its gains against the dollar ... fixed the exchange rate at N1,500. Economist Muda Yusuf, the Director of the Centre for the Promotion of Private Enterprise, opined ...

@signor_Wilson: “All of you shouting about proving if it’s an original note or not. If that is the case, the policeman isn’t guilty and has been wrongfully accused and locked up.” @powerchibueze: “You ...

Despite the strenuous effort, the earnings do not always reflect the hard work. “My boss pays me per outfit I make. For a simple outfit, she pays me 500 Naira, and for more complex ones, she pays me ...