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Naira depreciates again by 2.3% against dollar at official market

Naira depreciates again by 2.3% against dollar at official market

This represents a 2.3 per cent loss when compared to the previous trading date on Friday, November 15th when it exchanged at N1,652.25 a dollar.

19 Nov 2024 1:27 PM IST
CBN to penalise DMBs aiding, abetting Naira hawking

CBN to penalise DMBs aiding, abetting Naira hawking

Olayemi said that the CBN would engage in “mystery shopping” exercise and periodic “spot checks” on cash distribution and disbursement activities of DMBs to ascertain the source of such Naira notes.

16 Nov 2024 11:29 PM IST