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Redesigned naira

CBN Places Service Restriction On PoS Agents Across Nigeria

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

March 2, 2023

The Central Bank of Nigeria (CBN) has responded to the request made by an activist lawyer, Femi Falana (SAN), to provide details of the disbursement of the new N200, N500 and N1,000

Council Of State Tenders Two Solutions To Nigeria's Naira Scarcity Issue

Business News

UPDATED: Print New Notes Or Release Old Naira – State Council

February 10, 2023

The Council of State has urged the Federal Government and the Central Bank of Nigeria (CBN) to either print more new Naira notes or recirculate the old banknotes. Members of the Council

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business News·Currency

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

February 3, 2023

The Dollar rate appreciated in the official foreign exchange market on Thursday, 2, February 2023, as Nigerian commercial banks struggle to make Naira available to the public. According to data obtained from

Governor of Nigerias Central Bank Godwin Emefiele

Business News

If Banks Give You Old Naira Notes, Reject Them – CBN Says, Issues New Warning

January 20, 2023

The Deputy Director, of Currency Operations at the Central Bank of Nigeria (CBN), Rekiyat Yusuf, has urged Nigerians to reject old naira notes dispensed to them by commercial banks. Yusuf gave the advice

UBA Limits Daily Withdrawal Of New Naira Notes, As Scarcity Hit Banks

Business News

UBA Limits Daily Withdrawal Of New Naira Notes, As Scarcity Hits Banks

January 10, 2023

Nigerian banks are rationing the new naira notes, struggling to increase circulation, as the deadline to phase out the old legal tender nears. Prime Business Africa reported that the Central Bank of

CURRENCY SWAP DEADLINE: N100trn National Output At Risk - CPPE

Business News·Currency·Insights

4 Features To Help You Identify New Naira Notes

December 21, 2022

Amid circulation of fake N1,000 notes, the Central Bank of Nigeria (CBN) has released security features of the new naira notes that will help Nigerians isolate fake notes from the newly redesigned

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business News·Currency·Top Stories

Black Market Dollar Rate Jumps Amid Scarcity Of New Naira Notes

December 16, 2022

In the Bureau De Change window of the black market, the dollar maintained its dominance over the naira after appreciating by 1.34 per cent on December 15, 2022. The exchange rate between

Business News·Currency

Redesigned Naira: CBN Finally Addresses Controversial N5000 Notes

November 30, 2022

The Central Bank of Nigeria (CBN) has reacted to claims that it plans to release N5000 notes after redesigning the existing lower denominations. According to the CBN’s Director of Currency Operations, Ahmed

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business News·Currency

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

November 30, 2022

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a new vista of events in Nigeria’s monetary policy management framework. The redesigned

Business News·News

ICAN Partners Prime Business Africa, CBN For Webinar On New Naira Notes

November 24, 2022

The Nsukka and District Society arm of the Institute of Chartered Accountants of Nigeria (ICAN) is partnering with Prime Business Africa (PBA) to enlighten stakeholders, and all Nigerians on the impact of

Business News·Currency

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

November 23, 2022

The dollar rate in the black market dropped, hours after President Muhammadu Buhari and the Central Bank of Nigeria (CBN) unveiled the new naira note. In a chat with Prime Business Africa,

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business News·Currency

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

November 23, 2022

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31,

Naira Policy: CBN Mops Up N1.6 trillion In Just I Month

Business News·Currency

Photos: Buhari Unveils New Naira Notes

November 23, 2022

President Muhammadu Buhari has unveiled the redesigned naira notes on Wednesday, a day after Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, cancelled the initial launch date. The new move

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Business News·Currency

Money Supply Hits N50.5 trillion On Naira Reissue

November 21, 2022

Money Supply in Nigeria has crossed N50.5 trillion, the Central Bank of Nigeria (CBN) has revealed. This comes as the financial services regulator plans to release redesigned naira notes. The money supply

Naira Ends Week With Marginal Gain Against Dollar

Business News·Currency

EFCC Boss, Bawa, Makes Shocking Prediction On Dollar Rate

November 16, 2022

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, said the dollar could exchange for the naira at N200 due to the decision of the Central Bank of Nigeria

Business News·Currency

Naira Reissue: Bank Deposits Rise Significantly

November 15, 2022

Naira deposits in commercial banks have increased since the Central Bank of Nigeria (CBN) announced the country’s currency reissue plans. Based on the announcement, there has been significant increase in deposits, according

Moghalu Highlights How Trump’s Presidency Will Affect African Economies

Business News

Moghalu Criticises CBN’s Godwin Emefiele Over Redesigned Naira Notes

November 3, 2022

The former Deputy Governor of Central Bank of Nigeria (CBN), Kingsley Moghalu, has again criticised current CBN governor, Godwin Emefiele, for politicising the apex bank. Moghalu said the criticism trailing the redesigned

Naira Opens Week With Gain Across FX Markets

Business News·News·Top Stories

2 Governors In ‘Extreme Worry’ Over Naira Re-issue, Dollar Rate Hike

November 3, 2022

Two Nigerian state governors – Abdullahi Sule (Nasarawa) and Godwin Obaseki (Edo) – have decried federal government’s plan to reissue naira notes and the attendant hike in dollar rate after the greenback

Business News·Currency

Redesigned Naira: Finance Minister Tackles CBN Governor, Asks Lawmakers To Summon Emefiele

October 28, 2022

The Finance Minister, Zainab Ahmed, has asked the National Assembly to summon the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the redesigned naira notes. Ahmed said the central

Business News·Currency

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Redesigned naira

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

UPDATED: Print New Notes Or Release Old Naira – State Council

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

If Banks Give You Old Naira Notes, Reject Them – CBN Says, Issues New Warning

UBA Limits Daily Withdrawal Of New Naira Notes, As Scarcity Hits Banks

4 Features To Help You Identify New Naira Notes

Black Market Dollar Rate Jumps Amid Scarcity Of New Naira Notes

Redesigned Naira: CBN Finally Addresses Controversial N5000 Notes

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

ICAN Partners Prime Business Africa, CBN For Webinar On New Naira Notes

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

Photos: Buhari Unveils New Naira Notes

Money Supply Hits N50.5 trillion On Naira Reissue

EFCC Boss, Bawa, Makes Shocking Prediction On Dollar Rate

Naira Reissue: Bank Deposits Rise Significantly

Moghalu Criticises CBN’s Godwin Emefiele Over Redesigned Naira Notes

2 Governors In ‘Extreme Worry’ Over Naira Re-issue, Dollar Rate Hike

Redesigned Naira: Finance Minister Tackles CBN Governor, Asks Lawmakers To Summon Emefiele

Dollar To Naira Exchange Rate: BDC Operators Set New Dollar Rate On CBN’s Naira Redesign

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Two Group Chats, One Nigeria: Gen Z Pays The Bills, Boomers Write The Laws

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Redesigned naira

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