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Why I collected ransom in dollars – kidnap kingpin, Evans
The suspected kidnap kingpin, Evans, arrested yesterday in Lagos has revealed why he demanded ransom in dollars. Evans, who was paraded...

Injecting dollars into Forex market to strengthen Naira, an artificial solution – Expert
An economist, Dr Anthony Aziegbemi, described the Central Bank of Nigeria’s (CBN) latest strategy of strengthening the value of Naira by...

Naira crashes against the dollar
The Naira on Wednesday crashed against the dollar at the parallel market. The local currency has weakened to N465 per dollar as against...

CBN denies allocating dollars
The Central Bank of Nigeria has debunked the report that it has started allocating United States dollars. The apex bank said it had...

CBN warns Nigerians against fake dollar notes
The Central Bank of Nigeria (CBN) has warned Nigerians against fake 100 banknotes of Hong Kong Dollar (HK$100) in circulation. This was...

CBN seek powers to stop Nigerians from keeping dollars, pounds at home
The Central Bank of Nigeria, CBN, is seeking to criminalize possession of foreign currency for more than 30 days, without depositing it...

Two men nabbed while attempting to buy dollars with fake Naira notes in Abuja [PHOTOS]
Two yet-to-be named men were arrested on Wednesday in the Federal Capital Territory, FCT, Abuja, while trying to buy some dollars with...

Oil prices dip on stronger dollar
The losses were in line with a sell-off on equities markets from Asia to the Americas fuelled by worries about the state of the global...

CBN warns schools, landlords to stop charging in dollars
While stressing that the legal currency for doing business in Nigeria remained the naira, he asserted that it is illegal for anyone to...
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