Naira

12 results associated with Naira are displayed
Nigeria rejects claims of demanding bribe from Binance
Africa

Nigeria rejects claims of demanding bribe from Binance

Nigeria has rejected claims by Binance's chief executive officer that government officials had demanded bribe from the company.
Nigeria to roll out more rules on digital trading
Business

Nigeria to roll out more rules on digital trading

Nigeria says it will roll out more regulations to curb illegal digital currency trading in the country.
'Naira abuse': How raining currency on performers can invite jail in Nigeria
Insight

'Naira abuse': How raining currency on performers can invite jail in Nigeria

Nigeria's anti-graft agency EFCC is cracking down on violations construed as abusing the naira, pitting the tradition of showering cultural performers with currency notes against the law.
Foreign currency collateral for naira loans banned in Nigeria
Business

Foreign currency collateral for naira loans banned in Nigeria

The Nigerian central bank has barred banks from accepting foreign currency as collateral for loans acquired in the local naira currency.
Nigeria forex operators call for lower dollar-naira selling rate
Business

Nigeria forex operators call for lower dollar-naira selling rate

The appeal comes as parallel market rate of 1,235/$ is lower than the BDCs’ applicable buying exchange rate of 1,251/$ set by the CBN.
Explained: How a weak dollar affects you
Business

Explained: How a weak dollar affects you

As currencies of some African nations such as Kenya and South Africa continue to gain against the US dollar, have you ever wondered how a weak dollar affects you?
Nigeria's central bank clears valid forex backlog
Business

Nigeria's central bank clears valid forex backlog

The Central Bank of Nigeria (CBN)  pays part of  the estimated $7 billion backlog as vetting continues to determine legitimate transactions.
Nigeria detains Binance bosses in crypto crackdown
Africa

Nigeria detains Binance bosses in crypto crackdown

Nigerian security officers have reportedly arrested two senior managers of Binance in a crackdown on cryptocurrency trading.
Mass protests across Nigeria over rising cost of living
Africa

Mass protests across Nigeria over rising cost of living

Workers and masses take to the streets in major cities after labour unions called for two days of protests.
Nigeria to outlaw foreign exchange in streets
Business

Nigeria to outlaw foreign exchange in streets

The Central Bank of Nigeria has announced that it will soon be illegal to operate a forex bureau in the country's streets.
Lagos to start three-day working week amid economic hardship
Business

Lagos to start three-day working week amid economic hardship

Many Nigerian workers are struggling to afford daily transport to work across the major cities including the capital, Abuja.
Nigeria downplays fears over fuel prices after naira devaluation
Business

Nigeria downplays fears over fuel prices after naira devaluation

State-oil company NNPC urges Nigerians to disregard the speculation about price rises
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What is TPLF and why is it important to Ethiopia’s peace process?

What is TPLF and why is it important to Ethiopia’s peace process?

The United Nations estimates that the conflict has affected over 9.7 million people in the country’s northern region
Five migrants die, 28 missing after boat capsizes in Tunisia

Five migrants die, 28 missing after boat capsizes in Tunisia

According to the United Nations, more than 20,000 migrants have died in the Mediterranean since 2014.
Is it time to ban the deadly chemical behind Gambia children deaths?

Is it time to ban the deadly chemical behind Gambia children deaths?

Dozens of children in the west African country have died after taking a few sips of cough syrups, which contained high quantities of poisonous diethylene glycol.
Prejudices are the things best shared between Morocco and Algeria

Prejudices are the things best shared between Morocco and Algeria

Not only do Moroccans and Algerians share the same customs, but they are also pulled down by similar downward trends and by great sociological movements — to such an extent that they differ only in their degree and not in their nature.
Burkina Faso: the reasons for endemic instability

Burkina Faso: the reasons for endemic instability

Two coups in eight months. Ten presidents, 70 percent of whom have come from the military in 62 years of independence. Burkina Faso is struggling with its political stability. How can this problem be explained?
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