Home Posts tagged Naira
Tag: CBN, Naira
Naira Abusers Risk Six Months in Jail- CBN
Mary KanuAug 18, 2021
The Central bank of Nigeria has warned that abusers of the Naira at social events risk imprisonment or an imposition of fine. The apex bank noted in a statement issued...
Naira plunges as dollar sells for N412
ReporterMar 31, 2020
Following the temporary suspension of sale of forex to Bureau De Change, dollar exchanged for N412 on Monday. The Central Bank had granted the BDCs two weeks market...
CBN says no need for the devaluation of Naira
ReporterMar 13, 2020
The Central Bank of Nigeria (CBN) has dismissed reports of devaluation of the naira, which has since triggered panic in the FX Market, bringing the local currency down...