Tag:
currency
News
Man Sentenced for Hiding Foreign Currency at Lagos Airport
A Nigerian man, Agudosi Christopher Okechukwu, has been sentenced to six months in prison for failing to declare large sums of foreign currency while...
Business
Taye Currency Loses N10m to CBEX Scam
Taye Adebisi, better known by his stage name Taye Currency, has spoken out about how he fell victim to a fraudulent Ponzi scheme called...
Business
Naira Surge: Currency Hits N1,490/$ in Parallel Market
In a remarkable twist for Nigeria's foreign exchange (FX) market, the naira has shown consistent improvement over the past 21 days, demonstrating significant resilience...
Business
Naira Is Not for Sale! CBN Tackles Currency Abuse
The Central Bank of Nigeria (CBN) has pledged to intensify its efforts against the buying and selling of Naira notes, a practice that has...
News
Tinubu Pushes for Bigger Currency Swap with China, Urges $50bn Africa Aid Review
In a bid to deepen Nigeria-China relations, President Bola Tinubu has called for an expansion of the $2 billion currency swap agreement between the...
Business
Nigeria Renews N3.28trn Currency Swap with China
In a significant move aimed at enhancing economic ties, Nigeria has renewed its currency swap agreement with China, solidifying a financial partnership valued at...
Business
ECOWAS Sets 2027 Target for Launch of Single Currency, ECOWAS
The Economic Community of West African States (ECOWAS) is gearing up to launch its long-awaited single currency, ECO, with a target date set for...
Business
Naira Under Siege: Currency Falls to ₦1,750/$ in Parallel Market
The Nigerian Naira has continued its downward slide, hitting ₦1,750 per dollar in the parallel market on Friday, marking a ₦5 drop from Thursday’s...
