The Nigerian currency, the naira, is surging against the US dollar, propelled by a combination of forex inflows and the CBN's interventions in the FX market.
The Nigerian currency, the naira, is surging against the US dollar, propelled by a combination of forex inflows and the CBN's interventions in the FX market.
Oby Ezekwesili, former World Bank Vice President and Minister of Education, has described the CBN naira redesign policy as faulty and compromised by politicians
Commercial banks in Nigeria opened on Saturday, February 18, 2023 to receive old N500 and N1000 notes from customers, contrary to CBN directives not take them.
Nigerians are increasingly opting to study at Canadian universities, as evidenced by recent data from IRCC amid opportunities for citizenship for foreigners.
A leaked memo has revealed the moment the Central Bank of Nigeria directed Commercial banks to start accepting old N500 and N1,000 notes before denying it.
Tinubu, Obi and Atiku, the three front runners for the 2023 presidential election have revealed their top economic agenda for Nigeria in their respective plans.
The Laos State government has warned PoS agents and petrol stations which reject old naira notes or make life unbearable for residents over the cash crisis.
Some Nigerian state governors have declared N200, N500 and N1,000 notes legal tenders in their respective states until the Supreme Court ruling on the issue
The Nigerian Immigration Service has published the names of 8,611 Nigerians who are yet to collect their international passports from the offices of the Service
The United Kingdom government has warned citizens in Nigeria about the ongoing cash crisis in the country, telling them to take precautions, avoid crowded ATMs
Economy
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