Assistants of a federal lawmaker representing Gombe/Kwami/Funakaye Federal Constituency of Gombe State, Hon. Yaya Bauchi Tongo, have been accused of threatening officials of Tracka for requesting updates on the lawmaker’s projects in the 2024 Budget. Tracka is a not-for-profit organisation in Nigeria that traces constituency projects allocated to members of the National Assembly in their … Read more
You may spend some months or years (depending on your connection) in jail if you are caught buying US dollars with the Nigerian currency, says the apex bank of the most populous African country. The latest monetary policy became a necessity as the Naira continues to “Lu’le” (that is fall) against other global currencies while … Read more
The naira is a legal tender of Nigeria. It uses ₦ (sign) and NGN (code). The Nigerian currency is in coins and banknotes. But the coins have died a natural death due to high inflation making them lose their total value and relevance in the economy. Naira Design On November 23, 2022, NGN200, NGN500, and NGN1,000 get a new design, which … Read more