Currencies
Access Bank cuts PTA and BTA to $2,000 per application.
Access Bank has slashed the amount of personal travel allowance and business travel allowance to $2000 per person from $4000...
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CBN debunks alleged plot against Tinubu
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has dismissed allegations that he had launched a fresh plot...
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NSCDC raises concerns over circulation of fake notes.
The Nigeria Security and Civil Defence Corps (NSCDC) says it will continue to arrest and prosecute those involved in producing...
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Lagos State’s governor urges all traders to accept the old naira notes.
The governor has urged all business owners, especially retailers, to accept the old N500 and N1,000 notes in line with...
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Naira retains an upward trend in the parallel market.
The exchange rate between the naira and the US dollar traded for an average of N745/$1 on Monday, March 8,...
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Banks Begin Payment of Old N500, N1000 Notes.
Following the Supreme Court judgement, some commercial banks including Access Bank and GTB have started paying out old N500 and...
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Naira appreciates to N748/$1 in the parallel market.
The exchange rate between the naira and the US dollar traded for an average of N748/$1 on Monday, March 6,...
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Nigerians react to the Supreme Court’s final Cash judgement.
Many Nigerians have expressed relief and happiness at the Supreme Court's final judgment to make old notes legal tender until...
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Naira remains stable at N754/$ in the parallel market.
The exchange rate between the naira and the US dollar traded for an average of N753/$1 on Thursday, March 2,...
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Currency in circulation dropped to N1.38 trillion in January 2023.
The total amount of currency-in-circulation in the country dropped from N3.29tn as of the end of October 2022 to N1.38tn...
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