Tag - Naira Redesign

The Naira depreciated to N664.04/$ due to CBN lifting restrictions.

The Naira lost almost half of its value in the official market as the exchange rate in the Investors and Exporters (I&E) window rose to N664.04 per dollar from N471.67 per dollar on Tuesday. The Central Bank of Nigeria (CBN) announced measures to liberalise the market, including the elimination of multiple...

June 15, 2023Business, Economy, News, Nigeria, , , 0 Comments
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Breaking News: Supreme Court Declares Naira Redesign Policy Invalid.

Supreme Court Allows Old and New Notes to Operate Concurrently Until December 31 after Declaring Naira Redesign Policy Invalid. The Supreme Court has declared as invalid the directive as well as the implementation of the Naira redesign policy of the federal government. To this extent the apex court ordered that the old...

March 4, 2023Economy, Featured, News, 0 Comments
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