The five Naira note has undergone several transformations. Originally printed on paper – without the portrait of a Nigerian ...

A video making the rounds on social media has captured the moment a Nigerian man praised his dry cleaner for always returning ...

The Central Bank of Nigeria is unhappy that Nigerians are selling and buying naira notes and has developed strategies to ...

The naira made a significant recovery in the parallel market, appreciating by N5 against the US dollar on Monday. It ...

Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and ...

The naira appreciated to an eighth-month high of 1474.78/$ at the official foreign exchange (FX) market on Friday as dollar ...

Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

The value of the naira started the week on a depreciating note, sliding slightly to N1,551 and to the dollar at the close of ...

Key sections of the Act . The CBN is solely authorized to issue Naira and kobo notes (Sections 17, 18, and 19 of the Act). Counterfeiting Naira notes is a severe offense punishable by up to five ...

Raheem Okoya, son of billionaire businessman Chief Razaq Okoya, has issued a public apology for his involvement in a viral video that showed him and his brother, Wahab abusing naira notes.