Naira strengthens to N746 as dollar demand slows
Naira, Nigeria’s currency on Monday strengthened against the dollar, gaining 0.54 percent as demand for the greenback slowed at the parallel market, also called black market.
During the…
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Naira
Five avoidable mistakes of naira design
The redesign of high-value naira notes, which sparked a cash crisis, has caused some avoidable errors in Africa’s biggest economy, BusinessDay’s findings showed.
Commercial banks have…
Winners and losers in naira redesign policy
"The redesign of the Naira is expected to strengthen the economy, reduce the expenditure on cash management, promote financial inclusion, and enhance the CBN's visibility of the money…
Old naira notes: LASCOPA urges public to report cases of rejection
The General Manager of Lagos State Consumer Protection Agency (LASCOPA), Afolabi Solebo has called on members of the public to report cases of rejection of the old naira notes to the agency,…
How cash crunch has further improvised Nigerians – CPPE
Africa’s biggest economy has lost an estimated N20 trillion naira since the onset of a cash crisis that has crippled economic activities, the Centre for the promotion of private enterprise…