CBN - Central Bank Of Nigeria
The Nigerian currency, the naira, has continued its positive trajectory against the US dollar, outperforming the expectations of research organisations worldwide.
A post on social media claims that the US dollar crashed to N650. A claim in late March 2024 said the dollar equivalent of the naira “is now N850.”
Recent CBN data has shown that the naira was valued at N1,585.78/£ as of April 4, against the price of N1,680.88/£, which it closed in the previous month.
The new national identity card to be issued by the National Identity Management Commission (NIMC) has a lot of interesting features for NIN holders.
The Nigerian government has announced plans to distribute 3 new ID cards to 104 million citizens by June. The cards will be equipped with banking functionalities.
The Lagos State High Court has ordered the remand of a former governor of the CBN, Godwin Emefiele in the custody of the Economic and Financial Crimes Commission.
Based on regional research, African markets.com has ranked Nigeria's currency, the naira, as the third best-performing currency on the continent.
A former CBN governor, Godwin Emefiele, has arrived at the Ikeja State High Court in Lagos for his arraignment over alleged abuse of office and allocation of funds.
Joe Ajaero, President of the NLC, has raised concerns over the recent banks' recapitalisation efforts of the CBN, listing the implications that will follow.
CBN - Central Bank Of Nigeria
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