What Does Naira free float means?

  News broke on Wednesday that the Central Bank of Nigeria (CBN) had issued a directive to commercial banks, instructing them to freely sell forex at rates determined by the market. This signifies that Nigeria …

Read more

CBN supplies more new notes to banks

With rising concerns around the seeming disappearance of newly redesigned notes, the Central Bank of Nigeria has said it is supplying more quantities of the new notes to banks. This was according to a statement …

Read more