Tag: naira

NNPC Limited yesterday disclosed that it has supplied 48 million barrels of crude oil to Dangote Refinery under the crude for Naira agreement facilitated by the Federal Government last year. The post Naira for Crude: NNPC supplies 48m barrels to Dangote Refinery appeared first on Vanguard News...

News Investigators/ The Naira recorded a slight loss at the official market on Wednesday, trading at N1,539.39 per dollar. Data from the Central Bank of Nigeria (CBN) showed that the Naira closed the trading session at N1,539.39 to the dollar. This represents a slight loss as the local currency traded on Tuesday at N1,534.16 per

NAN checks at different banks, markets, motor parks, and supermarkets showed that the old N500 and N1,000 are accepted by traders and businessmen as legal in the state...

For the second time since the Supreme Court ruled that the old N200, N500 and N1,000 notes will remain legal tender until December 31, the Central Bank of Nigeria (CBN) has refused to speak on the judgement. On Saturday, an official of the CBN told The Nation that the communications department has not been informed

Some commercial sex workers in the Federal Capital Territory (FCT), have decried low patronage in their business due to the scarcity of Naira notes. Some of them who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, said the scarcity of the notes was a threat and had crippled their businesses...

… Says N500, N1000 notes no longer legal tender Obiora Ifoh, Abuja President Muhammadu Buhari in a nationwide broadcast, Thursday has given approval to the Central Bank of Nigeria CBN to put back into circulation the old N200 currency earlier withdrawn. According to the president, this order was to help ameliorate the sufferings being witnessed

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the redesigned naira notes over the counter. [...] The post Naira: CBN allows over-the-counter withdrawals, PoS operators charge 10% appeared first on National Accord Newspaper...

Ahmed Bola Tinubu, the presidential candidate of the ruling All Progressives Congress (APC) has accused a cabal within President Muhammadu Buhari-led Federal Government of sabotaging the party by creating unnecessary hardships with naira re-design and fuel crisis weeks to the 2023 general election. Tinubu, who spoke in Yoruba language at the APC Presidential Campaign rally