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Top 5 Stories Of The Day | South African President Criticised for Announcing Nigerian Visa Deal

YNaija December 7, 2024

Understanding CBN’s Floating Naira: A Simple Guide for 5-Year-Olds

Imagine a thrilling race where toy cars zoom around a track, but instead of following strict rules, they get to race freely and show their true speed. This is what…

Oludolapo Adelana March 27, 2017

Just In: CBN reduces exchange rate for travel allowances, school fees to N360

by Dolapo Adelana The Central Bank of Nigeria has reduced the exchange rate for travel allowances, medical allowances, and school fees from N370 to a dollar to N360 to a…

Azeez March 3, 2017

Why naira is appreciating – CBN

by Azeez Adeniyi The Central Bank of Nigeria (CBN) has said the recent appreciation of the naira against other currencies was due to intelligent work. Acting director, corporate communications, Isaac…

Azeez March 3, 2017

It’ll take a miracle for Buhari to return naira to its former exchange rate – Soludo

Former Governor of the Central Bank of Nigeria (CBN), Charles Soludo has said President Muhammadu Buhari inherited a 'very bad' economy and has made it even worse. Soludo spoke at…

Azeez February 6, 2017

“Your salary should be in Naira” | Tinubu responds to protests, says you have no business with the exchange rate

National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu on Monday addressed #IstandwithNigeria protesters in Lagos State. The protesters had marched to the Bourdillon home of the former governor…

Azeez January 18, 2017

The YNaija Tracklist: Fani-Kayode’s counsel declines to cross examine EFCC witness | EFCC seizes N948m aircraft linked with ex-governor | More stories

From the papers this morning – a Tracklist. Over 20,000 people have been killed in Kaduna since 1980 – El-Rufai - YNaija Why CBN must close naira, dollar exchange rates’…

Azeez January 18, 2017

Why CBN must close naira, dollar exchange rates’ gap – Osinbajo

Vice President Yemi Osinbajo has said the Central Bank of Nigeria need to close the gaps between the official and black market exchange rate of dollar to naira. Osinbajo was…

Azeez January 17, 2017

Reps question Adeosun, Udoma on exchange rate, inflation

Minister of Finance, Kemi Adeosun and the Minister of Budget and National Planning, Udoma Udo Udoma were on Monday grilled by members of House of Representatives. Both Ministers were questioned…

Azeez October 25, 2016

It is no longer possible to sell petrol at N145 per litre – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Monday said the price of petrol cannot remain at N145 per litre, owing to the current exchange rate. The Group General Manager, Crude…

Isime Esene September 30, 2016

Chevron, others have a case to answer over $12.7bn undeclared crude

A Federal High Court sitting in Lagos today, September 30, 2016 struck out the preliminary objection filed by Chevron Nigeria Limited seeking to have the suit by the Federal Government…

Isime Esene August 25, 2016

Emir Sanusi is as stern as they come – 12 reasons we’re totally feeling his vibe

by Tolu Omoyeni The Emir of Kano and former Central Bank governor, Sanusi Lamido Sanusi is resolute in his opinions on how the country should be run. When he speaks…

Isime Esene August 19, 2016

The PDP has found Buhari’s sore point and they are hitting it hard

by Isime Esene Fifteen months after taking serious verbal attacks from the Peoples Democratic Party over the perfromance of the economy on Pres. Muhammadu Buhari's watch, the All Progressives Congress…

Azubuike Azikwe June 16, 2016

A citizen’s guide to the new CBN forex policy

Governor of the Central Bank of Nigeria, Godwin Emefiele, on Wednesday, June 15, announced the new flexible exchange rate market. To many Nigerians who don't fully grasp the complexities of…

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