By Aluta News April 13, 2024 The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform… Naira makes huge recovery, gains 7.2% against dollar

By Aluta News April 3, 2024 The Naira gained at the official market, trading at N1,278.58 to a dollar on Tuesday. Data from the official trading platform of the FMDQ revealed that the Naira gained… Naira appreciates at official market, gains 2.4%

By Aluta News Dec 10, 2023 Amidst complaints by some Nigerians about scarcity of Naira notes, the Central Bank of Nigeria (CBN) says there is adequate supply of the currency. The News Agency of Nigeria… Naira notes: There’s sufficient stock for economic activities, CBN assures Nigerians Home

By Aluta News Dec 8, 2023 The Central Bank of Nigeria (CBN) has warned Nigerians to beware of illegal Naira banknotes in circulation. This is contained in a statement by CBN’s Acting Director, Corporate Communications,… CBN alerts Nigerians over counterfeit Naira notes in circulation

By Aluta News Oct. 31, 2023 The Central Bank of Nigeria (CBN) says it has no be plans to redenominate Nigeria’s legal tender, the Naira. CBN’s Director, Corporate Communications Department, Isa AbdulMumim, made this known… No plan to redenominate Naira – CBN

By Aluta News Oct. 10, 2023 The House of Representatives has urged the Central Bank of Nigeria (CBN) to implement monetary policy adjustments to stabilise the currency. The call is sequel to a unanimous adoption… Reps urge CBN to implement monetary policy adjustments to stabilise the Naira

By Aluta News May 29, 2023 President Bola Tinubu, has promised to revisit the naira redesign policy of the Central Bank of Nigeria (CBN). Tinubu, who said this in his inaugural speech in Abuja on… We ‘ll revisit naira redesign policy, says Tinubu

By Aluta News March 13, 2023 CBN declared on Monday that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes till Dec. 31, 2023. It said in a statement issued… CBN, commercial banks buckle, declare old naira notes as legal tender

By Aluta News March 7, 2023 Some traders and marketers in Lagos have said they would accept the old denominated naira notes of N500 and N1,000, only when President Muhammadu Buhari gives the order. The… We will accept N500, N1,000 when Buhari, CBN, give order – Nigerians