A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
LAGOS — The Presidency yesterday disclosed that President Bola Tinubu’s administration is working on policies that will strengthen the Naira.
He cautioned Nigerians hoarding foreign currencies with the hope that the local currency will continue to fall, warning that the policies of the government would shock them. He said there was going to be some tectonic reorganization of the banking sector to make the naira more stable and stronger. The CBN governor said the book would eloquently capture the evolutionary journey in the history of the CBN, particularly with regards to the phenomenal transformation of the Nigerian payment system in the last two or three decades.“One of our strategic priorities in this effort is to foster financial inclusion and I’m very sure you will also relate to the progress we have made, based on the current numbers.
Speaking on the essence of the book, the author and the Executive Director of Asher Global Treasures, Princess Iphie, emphasised the need to preserve the evolution of money and its history in Nigeria.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria grapples with naira fluctuations as exchange rates stifle economy, investors’ confidenceThe volatility of the Naira against the US dollar continues to send shockwaves of uncertainty through Nigeria's economy, affecting investors’ confidence. Last week, there was a brief respite as the country's currency strengthened against the dollar, trading at N970/$1 in the parallel market compared to N1300/$1 the previous week.
Read more »
Rising prices, falling naira: Challenges to affordable living in Nigeria, By Toyin FalolaFrom N150 to $1 to N800:$1, Nigerians remained in disbelief as they watched the naira weaken and fall over several years.
Read more »
Stablecoins: A solution to Nigeria’s sports betting challenges amid naira’s decline by UBETJust a couple of weeks ago, Fejiro Ajax, who is a semi-amateur bettor from Lagos, had a startling experience while attempting to sell his USDC on Binance P2P. The exchange rate for the Naira against the US Dollar had skyrocketed, with a single dollar trading for over 1,250 Naira.
Read more »
‘Adire’, ‘Small Talk’, ‘Egun’, other exciting FilmOne film lineup this year endPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
Tinubu and the supplementary budget: Matters arising, By Reuben AbatiPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
Politics of statistics in Nigeria, By Dakuku PetersidePremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »