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The bank had earlier warned DMBs to prioritise cash distribution ... The Central Bank of Nigeria (CBN) has imposed sanctions on Deposit Money Banks (DMBs) for failing to dispense Naira notes ...

A viral video recently surfaced showing Okoya's sons misusing the naira. In response, the Nigerian police released ... rich kids to hold the bundles of cash being abused. He wasn't the one abusing ...

Can OPay receive dollars in Nigeria? Many users wonder about its payment options. Discover how OPay handles international transactions and what you should know.

Such a business uses Juicyway (a not-very-fintech name for a fintech) to inject liquidity and decide the prices at which it wants to exchange its funds, in this case, dollars, for Nigerian naira.

This makes it a game-changer for businesses in Nigeria and beyond ... becoming saturated with diverse digital wallets and mobile savings platforms that eliminate the need for physical cards and cash – ...

The Nigerian Naira appreciated significantly at the parallel market on Monday, strengthening to N1,590 per US dollar, compared to N1,610 per US dollar last week. However, this gain was not mirrored in ...

However, the naira had been fairly stable between N1,545 and N1,660 per dollar at the official and parallel foreign exchange markets, respectively. Last week, the Central Bank of Nigeria unveiled ...

The development comes after the Naira maintained an impressively weak week-on-week run against the dollar and other currencies. On Monday, the Central Bank of Nigeria extended its FX sales period ...

IN SHORT: Several photos have been posted on social media with the claim that they show an attack on Nigeria's central bank. However, the images were generated using social media platform X's ...