New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor
The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to…
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President Muhammadu Buhari
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Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian…
Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End
The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a new…
Nigeria’s Central Bank Doubles Down on Plans to Introduce Newly Designed Naira Banknotes
The Nigerian central bank was, on Oct. 29, forced to defend its controversial currency redesign plans, just a…
Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low
Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the…