Three years on... is Nigeria’s eNaira fading into irrelevance? Across the world, central banks are racing to develop digital currencies as part of efforts to modernise financial systems, enhance ...
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How the naira hit five-month low as CBN intervenesThe naira fell to a five-month low on Friday, April 4, 2025, trading at N1,600 per dollar in the official window, leading to CBN's intervention in the FX market ...
ETranzact International Plc has recorded a pre-tax profit of N5bn for the year ended December 31, 2024. This marks a 53.2 per cent year-on-year growth from a pre-tax profit of N3.1bn in 2023, ...
The Central Bank of Nigeria made a $197.71 million investment in the foreign exchange market on Friday in order to preserve ...
The Central Bank of Nigeria (CBN) has refuted claims that it has introduced new N5,000 and N10,000 banknotes. A purported circular, which went viral on WhatsApp and other social media platforms, ...
The Central Bank of Nigeria (CBN) has debunked reports that it has introduced ₦5,000 and ₦10,000 banknotes, dismissing a widely circulated document as false.
The Central Bank of Nigeria dismissed a report claiming it had introduced N5,000 and N10,000 banknotes to facilitate cash transactions as false.
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