Many people have fallen victims of fake money because they don’t know how to identify the counterfeit of their national currency. The truth is, anybody can be a victim if you don’t know the ...

President Muhammadu Buhari unveiled the newly redesigned N200, N500 and N1,000 banknotes at the presidential villa today, November 23, 2022. How Nigerians are reacting to the new naira notes: Many ...

The naira continued its depreciation against the dollar at the official foreign exchange market, ending the week on a negative note. Data from the Central Bank of Nigeria revealed that the naira ...

The Central Bank of Nigeria (CBN) has assured Nigerians of adequate supply of banknotes to meet the expected surge in demand during the forthcoming yuletide season. The assurance was given on ...

Recently, Sanusi Lamido Sanusi, the Governor of the Central Bank of Nigeria (CBN) announced that the apex bank will be commissioning a new 5,000 Naira note featuring 3 not-so famous Nigerian women ...

When Central Bank of Nigeria (CBN) Governor Godwin Emefiele announced plans to redesign the N200, N500 and N1,000 notes last year, there were fears that fake notes will also be in circulation. In the ...

already been counterfeited, even as most Nigerians have not been able to touch the scarcely available new notes. But an official of the Central Bank of Nigeria (CBN) said it was impossible to ...

Nigerians have criticized the “redesigning” of the country’s local currency proposed by its central bank to rein in counterfeiting and hoarding of large sums outside the banking system. President ...

The naira depreciated against the dollar at the official foreign exchange market, ending the week on a negative note. Data from the Central Bank of Nigeria showed that the naira dropped to N1,536.89 ...

Naira appreciated against the dollar to end on positive note at the official foreign exchange market on Friday. The Central Bank of Nigeria’s exchange rate data showed that the Naira strengthened to ...