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Tag: Naira

Access to CBN eNaira, download and use of CBN eNaira wallet
BusinessFinance

Access to CBN eNaira, download and use of CBN eNaira wallet

Anyone can have access to the CBN eNaira through the wallet, use it as cash and for forex. The Central…

Christina NgeneOctober 21, 2021October 21, 2021
CBN yet to announce eNaira launch date after independence day
BusinessFinance

CBN yet to announce eNaira launch date after independence day

CBN extended eNaira launch date and put the project on hold indefinitely. The Central Bank of Nigeria, CBN announced that…

Christina NgeneOctober 5, 2021October 5, 2021
CBN digital currency eNaira website launches sooner than October 1
Business

CBN digital currency eNaira website launches sooner than October 1

Central Bank of Nigeria, CBN launches website for eNaira, Nigeria’s digital currency. The CBN has said that the eNaira, the…

Christina NgeneSeptember 29, 2021October 5, 2021
CBN affirms it will not convert forex in domiciliary account to naira
BusinessFinance

CBN affirms it will not convert forex in domiciliary account to naira

The Central Bank of Nigeria, CBN, has affirmed with a statement that it will not convert forex in domiciliary accounts…

Christina NgeneSeptember 11, 2021September 11, 2021
CBN cancels capital deposit transfer for BDC licence applications
BusinessFinance

CBN cancels capital deposit transfer for BDC licence applications

CBN directive on BDC Licence. The Central Bank of Nigeria, CBN has sent a circular to deposit money banks to…

Christina NgeneJuly 29, 2021July 29, 2021
CBDC in Nigeria – things to know as CBN launches digital currency, e-naira
BusinessFinance

CBDC in Nigeria – things to know as CBN launches digital currency, e-naira

The CBN said it will launch a digital naira, e-naira on October 1 A Central Bank of Nigeria, CBN has…

Christina NgeneJuly 23, 2021September 29, 2021
IMF says Naira devaluation was rejected by the FG
BusinessFinance

IMF says Naira devaluation was rejected by the FG

Naira devaluation could further inflation rates The Nigerian government has rejected the advice by the International Monetary Fund, IMF to…

Christina NgeneFebruary 10, 2021February 10, 2021
CBN: Naira Devaluation and Exchange Rate in November 2020
BusinessFinance

CBN: Naira Devaluation and Exchange Rate in November 2020

Central Bank of Nigeria, CBN devalued the Naira three times in 2020 In August the CBN reopened forex trade to…

Christina NgeneNovember 30, 2020November 30, 2020
Naira Values Higher to Dollar at NAFEX, Stable at the Parallel Market
BusinessFinance

Naira Values Higher to Dollar at NAFEX, Stable at the Parallel Market

With a recent new supply of dollar to the Bureau De Change operators, the naira has lingered at a stable…

Christina NgeneOctober 5, 2020December 11, 2020
Daily Euro, Dollar Exchange Rates At The Parallel Market
BusinessFinance

Daily Euro, Dollar Exchange Rates At The Parallel Market

The naira is not resistant to the strengthening rates of dollar and euro which are recording high daily rates as…

Christina NgeneSeptember 23, 2020September 23, 2020

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The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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