Nigeria’s Currency In Dante Inferno: Any Way Out?
Have you checked Nigeria’s current exchange rates lately? If you have, you're probably feeling the sting of the nation's currency crisis. It's like watching a car crash in slow motion – ...
Have you checked Nigeria’s current exchange rates lately? If you have, you're probably feeling the sting of the nation's currency crisis. It's like watching a car crash in slow motion – ...
Nollywood actress cum wife of Nigerian billionaire, Regina Daniels, has claimed she was unaware of the Naira scarcity during the Naira Redesign Policy by the Central Bank of Nigeria. It can ...
Bola Tinubu, the President of Nigeria has discussed that, his decision to eliminate the well-liked gasoline subsidy, though would add to the burden on the populace, it would free up ...
There’s a saying that “money makes the world go round.” Well, in Nigeria, Africa’s biggest economy, its world has been robbed of its ability to go round; citizens’ dreams and ...
In a televised address on Thursday, February 16, 2023, President Muhammadu Buhari said the old 200 naira ($0.43; £0.36) notes would remain legal tender for another 60 days. The announcement ...
The Supreme Court of Nigeria has adjourned a legal challenge to the government's policy of scrapping old banknotes, which has caused a severe cash shortage. More states, including Lagos and ...
Nigeria’s Attorney General, Abubakar Malami, has asked the Supreme Court to dismiss the lawsuit filed by three state governors concerning the currency redesign crisis. Following the law suit, the Supreme ...
Nigeria’s Supreme Court has temporarily suspended the deadline to stop using old naira banknotes amid the currency redesign crisis. The court ordered the Central Bank of Nigeria not to end the ...
Nigeria’s drive to replace its currency notes with newly designed ones has created a shortage of cash, leaving people unable to buy what they need and forcing businesses to close ...
The Central Bank of Nigeria (CBN), in a document sent out to the commercial banks, spelt out the proposed operational tiered model for the eNaira project. The proposed model described ...