Nigerian naira
Nigeria Begins Yam Exports To Europe, US
Nigeria on Thursday began to export yams to Europe and the United States, as part of moves to diversify its...
Collaborate With Interpol, Others To Stop MMM – Consultant
Analysts in the e-crime space have impressed the Bank of Ghana (BoG) to strengthen its collaboration with security...
Nigeria’s EFCC Discovers N.5bn Cash Hidden In A Shop
The Economic and Financial Crimes Commission, EFCC, Lagos zone, Friday uncovered yet another large sum of suspected...
IMF Urges Nigeria To Lift FX Restrictions, Dump Multiple Exchange Rates
The International Monetary Fund called on Nigeria on Thursday to lift its remaining foreign exchange restrictions and...
Nigeria’s Central Bank Moves On Forex To Boost Economy
Nigeria's central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the...
Bundles of Banknotes Seized At Kaduna Airport
Large sacks containing bundles of “crispy” banknotes worth a total of $155,000 (£130,000) have been seized at a...
Recession-Hit Nigeria Details Economic Recovery Plan
Nigeria's government this week launched a master plan to lift it out of recession, hoping to hit 7.0 percent growth by...
Less Than 1% of Nigeria’s Currency Is Fake – Central Bank
This is in response to a claim by a former deputy CBN chief who said 20% of the currency used by Africa’s most...
MTN Records Losses In 2016
South African mobile phone operator, MTN Group, expects to report a full-year loss due to a $1 billion regulatory fine...
Nigeria Casts Its First Social Safety Net
Lagos (AFP) - Nearly two years after taking office, Nigeria's President Muhammadu Buhari is making good on an election...
These Currencies Got Crushed In 2016
A few countries have fared well, but others have seen the value of their currencies fall dramatically. Egypt took the...
Some of Africa’s Currencies Struggled In 2016
From a fall in Zambia’s Kwacha blamed on halted mining production to a plummet of Nigeria’s naira due to a chronic...
State Security Raids Nigerian Currency Dealers
Currency dealers were accused of exchanging naira at a rate lower than 400 naira to $1. Nigerian intelligence agents...
Hibernating High Profile Corruption Cases
In September, 2016, Civil Society and Media practitioners in Nigeria gathered in Enugu to review the country’s...
Dangote’s Company Sacks 48 Staff
Nigeria’s economic recession seems to have hit the Dangote Group, owned by Africa’s richest man, Aliko Dangote. The...
ECOWAS Court Adjourns MAFO N500bn Suit Against Nigeria
The ECOWAS Court of Justice sitting in Abuja, has adjourned hearing to November 9, 2016 for the 500 billion naira...
World Bank, Others To Release $1.3bn For Nigeria’s Development Bank
World Bank, others to release $1.3bn for Nigeria’s development bank In line with its determination to revive the...
Nigeria’s Security Agency Says $800,000 Seized In Raids On Judges
Nigeria's security agency seized cash in various currencies totalling $800,000 during raids targeting some of the...
Emirates Rejects Naira In Payment For Flight In Nigeria
Emirates rejects naira in payment for flight in Nigeria Emirates Airlines has rejected the Nigerian currency, naira,...