Tag: Naira
CBN approves sale of $10,000 at N1,021/$ to 1,583 BDCs
The Central Bank of Nigeria (CBN) has approved the sale of an additional $10,000 to 1,583 eligible Bureaux De Change (BDCs) in the country...
Naira loses against dollar, trades N1,234.49/$ at official market
The Naira on Monday, April 22, 2024 slightly depreciated at the official market, trading at N1,234.49 to the dollar.
Data from the official trading platform...
Naira abuse: Court grants Cubana Chief Priest N10m bail
A Federal High Court sitting in Lagos has granted bail in the sum of N10 million to Nigerian businessman, Pascal Okechukwu, popularly known as...
EFCC arraigns Cubana Chief Priest for naira abuse Wednesday
The Economic and Financial Crimes Commission (EFCC) will on Wednesday, April 17, 2024, arraign popular businessman and socialite, Pascal Okechukwu, fondly called Cubana Chief...
Naira gains, exchanges at N1,136 against dollar
The naira on Monday, April 15, 2024, appreciated at the official market, trading at N1,136.04 to the dollar.
Data from the official trading platform of...
EFCC probes celebrities for naira abuse
The Economic and Financial Crimes Commission (EFCC) says it is investigating several celebrities involved in naira abuse.
The EFCC disclosed this via a statement issued...
Naira gains, exchanges at N1,142 against dollar
The naira, on Friday, April 12, 2024, appreciated at the official market, trading at N1,142.38 to the dollar.
Data from the official trading platform of...
CBN bans foreign currencies as collateral for naira loans
The Central Bank of Nigeria (CBN) has directed all banks in the country to stop the use of foreign currencies as collateral for naira...
Naira gains against dollar at official market
The naira, on Friday, April 5, 2024, strengthened at the official market, trading at N1,251.05 to a dollar.
Data from the official trading platform of...
Court convicts Bobrisky for naira abuse, money laundering
The Federal High Court sitting in Lagos has convicted popular cross-dresser, Idris Okuneye, fondly called Bobrisky, for abusing the naira.
Bobrisky was convicted by the...
