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Economy
Inflation rate rises to 28.20% for November as Nigerians enter yuletide season
In November 2023, the overall inflation rate rose to 28.20%, surpassing the…
Nigeria’s Inflation to fall and pressures to reduce on exchange rate in 2024…
The Central Bank of Nigeria (CBN) on Thursday said the country’s inflation rate and the…
Nigerian radiologists lament the high cost of equipment due to forex rate
The Association of Radiologists…
N1,099.05/$ in official market, raising concerns ahead of Christmas
The Nigerian Naira reached a new historical low on Friday, December 8th, 2023, closing at…
CBN raises alarm over fake Naira notes in circulation across the country
Old and New Naira notes
The Central Bank of Nigeria (CBN) has alarm over…
Cash shortage hits banks, customers rush for BVN/NIN revalidation
Central Bank of Nigeria, Governor Dr. Olayemi Cardoso.
OpeOluwani Akintayo, Damilola Aina, Henry…
Intraday high hits N1,137 as naira weakens marginally at official market
The intraday high recorded was N1137/$1 as the naira fell marginally against the U.S.…
CBN to introduce new FX laws and guidelines to tackle Naira depreciation — Cardoso
Governor of Central Bank of Nigeria, CBN, Mr Yemi Cardoso has stated that the apex bank…
Naira’s rapid depreciation continues as NAFEM closing rate hits N956.33/$
The naira fell to a new low on Thursday, closing at N956.33 per dollar in the…
Fresh Naira scarcity hits Kano, Sokoto, Edo, others
Despite recent assurances by the Central Bank of Nigeria that there is enough naira in…