Subomi and his brother Wahab were seen in a viral video spraying naira notes at a public event, an action that contravenes Section 21(3) of the Central Bank of Nigeria Act, 2007. Subomi and Wahab ...

A viral video recently surfaced showing Okoya's sons misusing the naira. In response, the Nigerian police released ... t commit crime by abusing the naira notes Adejobi Olumuyiwa?” ...

IN SHORT: According to Facebook users in Nigeria, the Central Bank of Nigeria has unveiled a new N5,000 note that bears the face of president Bola Tinubu. But this is not true and the image was ...

One month following the introduction of the EFEMS, Nigerian currency has increased by N125 to the US dollar Analysts note that the local ... Anderson Ross Source: Getty Images Analysts say this may be ...

VDM advises EFCC to handle case of Okoya's sons abusing naira notes. Image credit: @siraheem7/X ... He further asked for support from Nigerians as he tagged the Nigeria Police Force to his tweet. In ...

The claim that the CBN has unveiled a new ₦5000 note with the image of President Bola Tinubu has been fact-checkedSeveral ...

CBN announced the deadline extension on Monday, February 3, 2025, allowing eligible operators to access the official window ...

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 Central Bank of Nigeria (CBN ... for offenses involving the Naira. Key sections of the Act . The CBN is solely authorized to issue Naira and kobo notes (Sections 17, 18, and 19 of the ...

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 ...