Currency » YNaija

Tag: Currency

Top 5 Stories Of The Day | Naira Falls to ₦1700/$ in the Black Market

YNaija October 16, 2024

APC youth demand Ekweremadu’s resignation

by Dolapo Adelana The All Progressives Congress, APC, Youths Renaissance has called for the resignation of Deputy Senate President, Senator Ike Ekweremadu. North Central Coordinator of the group, Hon. Abubakar…

Op-ed Editor October 14, 2016

Feyi Fawehinmi: Nigeria’s case study on how not to float your currency

by Feyi Fawehinmi Rumors of rate fixing. Scarcity of foreign exchange. A widening gap between the official rate and the runaway blackmarket. Nearly four months after Nigeria adopted a flexible…

Azeez August 25, 2016

The Nigerian Naira is the third worst performing currency globally – PDP

The Peoples Democratic Party, PDP has said that the nation's currency, the naira is the third worst perfoming currency globally this year. In a series of tweets on its official…

Isime Esene July 21, 2016

How to solve Nigeria’s current Forex scarcity, by Dolapo Oni

by Dolapo Oni Nigeria urgently needs to increase the supply of dollars in the economy, especially at the interbank market where access is really limited and customers of banks are…

Ada Igboanugo June 30, 2016

Morning Devotion: A float that is not really a float yet

As the second quarter of the year comes to end, Joachim MacEbong talks about the recent currency float by the CBN. Take a listen.

Kolapo Olapoju November 14, 2014

Terrorism at its peak: ISIS unveil new currency (PHOTOS)

by Kolapo Olapoju Undoubtedly, the marauding insurgents of Boko Haram are watching this development with keen interest and similar aspiration. The Islamic State of Iraq and the Levant has announced…

YEditor November 5, 2014

West Africa targets 2020 as single currency date, but what’s the point?

by Tunji Andrews A new date has been set for the launch of the single currency for the Economic union of west African states. The plan which has had it's…

Kolapo Olapoju November 1, 2014

Global shocks closing in on the Naira

by Tunji Andrews Indications continue to mount that the nation’s currency, the Naira, will experience further pressure, as the liquidity position continues to worsen, especially as the nation draws close…

Op-Ed Editor August 27, 2014

Opinion: 22 really simple things you didn’t know you could do with Google

by Chinedu Nnawetanma To most people, Google is nothing more than a regular search engine where you type in keywords and questions and a couple of relevant links containing answers…

January 10, 2014

BUSTED: Woman carrying $240,000 counterfeit money arrested in Lagos

by 'Jola Sotubo A female foreigner has been arrested in Lagos by operatives of the National Drug Law Enforcement Agency (NDLEA) after being found in possession of counterfeit money. 39-year-old…

January 1, 2014

How pastor and 6 children were arrested for printing fake currency

by Akintomiwa Agbaje Officials of the Department of State Services (DSS) arrested a pastor who claimed to have been reportedly kidnapped along with his six children in Lokoja, Kogi State. The…

January 1, 2014

11 differences between dating a girl & a woman

by Just My Type A girl may be so used to feeling validated through her looks and sexuality, that she uses this as her primary tool to get what she…

October 14, 2013

Ijeoma Nwogwugwu: The problem with the Naira

by Ijeoma Nwogwugwu In defence of the measures, Sanusi said Nigeria had overtaken Russia as the largest importer of foreign currency, insisting that no country in the world pays its…

January 18, 2013

NOI clarifies feasibility of single currency in West Africa

Emmanuel Okubenji Finance Minister, Ngozi Okonjo-Iweala, on Friday, said that the establishment of single currency would not be achievable merely by an act of law. Okonjo-Iweala stated this in Abuja…

November 13, 2012

Open letter to the President: Security implications of Arabic inscriptions on the Naira

OPEN LETTER TO PRESIDENT GOODLUCK EBELE JONATHAN ON THE SECURITY IMPLICATION OF ARABIC INSCRIPTIONS ON NAIRA NOTES. Dr. Goodluck E. Jonathan President and Commander-In-Chief of Armed Forces Federal Republic of…

September 21, 2012

Jonathan orders immediate stop to the planned N5,000 note, CBN bows

by Isi Esene Special adviser to the president on media and publicity, Reuben Abati on Thursday disclosed to newsmen that the president has ordered the suspension of the planned introduction…

September 13, 2012

Opinion: Soludo’s solution to restructure naira

by Vincent Bamigboye A NATION’S currency is one of its most powerful symbols. Leaders will go and leaders will come but the nation’s currency remains. The American Dollar symbolises the…

September 12, 2012

Sanusi defends N5,000 note policy, calls Obasanjo a ‘bad economist’

Sanusi Lamido Sanusi. by Isi Esene The governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, yesterday stood in defence of the apex bank's currency review policy saying…

September 10, 2012

“We are honoured, very delighted, very pleased,” – Margaret Ekpo’s family changes position on N5000 note?

by Isi Esene The family of late women activist, Margaret Ekpo whose face is to be feature on the proposed N5000 note appears to have had a sudden change of…

September 5, 2012

Opinion: So, Sanusi, what really is the big idea?

by Tolu Lawson I read through the statement by the Governor of the Central Bank of Nigeria, Mallam Lamido Sanusi, on the proposed currency restructuring. I noticed that his usual…

September 5, 2012

Noted: FG approves CBN’s N5000 denomination

by Isi Esene The Federal Government has expressed its willingness to the support the Central Bank of Nigeria in the introduction of the contentious N5ooo note. The government's position was…

September 2, 2012

Thanks, but no thanks: Ekpo, Kuti families oppose CBN planned currency review

by Isi Esene The planned introduction of the new N5,000 note by the Central Bank of Nigeria (CBN) continued to receive knocks from various quarters with the latest one coming…

August 28, 2012

Hold it!: Senate committee orders suspension of planned N5,000 note

Sanusi Lamido Sanusi by Isi Esene The Senate Committee on Banking, Currency and other Financial Institutions yesterday ordered the Central Bank of Nigeria to halt its planned altering of Nigeria's…

August 24, 2012

CBN announces planned introduction of new N5000 note

by Isi Esene The governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has announced the apex bank's plan to redesign the N50 note and introduce a N5000…

March 13, 2012

Report : CBN withdraws N150 Billion from circulation

by Lekan Olanrewaju In line with the new cashless economy policy, the Central Bank Nigeria (CBN) this weekend withdrew a total of N150.1 billion from circulation, through sale of treasury bills.…

February 24, 2012

“3 billion currency notes printed yearly” – Nigerian Security Printing and Minting Company

The Central Bank of Nigeria The Managing Director of the Nigerian Security Printing and Minting Company has stated that three billion pieces of currency notes are printed yearly by the…

03

1°C

Please add your widgets.