Naira was first introduced as official currency for Nigeria in 1973. Nigeria adopted a national currency in replacement of the one with colonial notation. Thus, naira and kobo replaced pound and ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

Nigeria's naira is expected to trade with a weakening tone while the Kenyan shilling could post gains, underpinned by inflows into a government bond auction. NAIROBI, Sept 9 (Reuters) - Nigeria's ...

The naira opened yesterday on a negative note dropping by about 7.1 per cent at the formal market. The naira closed at N773.50 per dollar at the Investors and Exporters (I & E) window, as against N736 ...

I felt only a few African countries could have stronger currencies than the naira but I was shocked and ashamed with what I found out. g gboyinwa ajomale Follow I wanted to do an online transaction ...

A vendor holds outlawed banknotes rejected by traders at Awgbu market in Anambra State, southeast Nigeria, on February 17, 2023. - Nigeria has been struggling with a shortage of hard cash since the ...

LAGOS, April 18 (Reuters) - Wema Bank plans to raise 20 billion naira from the bond market by July and aims to pay a dividend this year for the first time in a decade, paving the way for an equity ...

ABUJA, Sept 8 (Reuters) - Nigeria's Fidelity Bank (FIDELIT.LG), opens new tab plans to issue up to 50 billion naira ($131.3 million) in local bonds by the fourth quarter to refinance existing debt as ...