Nigeria News Article Sep 1, 2024 1 min read cbnexecutive directorsnirsalyemi cardoso Category:Business NigeriaToday's Naira Rate[24-08-2024]: Naira Strengthens to N1570.14/$ Amid Dollar's Decline Against British Pound The Naira strengthened against the US dollar, rising to N1570.14/$, while ...
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In response, CBN spokesperson Sidi Hakama emphasized that the bank’s measures aim to stabilize the foreign exchange market and strengthen the Naira. The ongoing volatility in the currency underscores the broader economic challenges in Nigeria and raises questions about the effec...
The statement, which was titled ‘CBN website not hacked’, read, “Contrary to claims in the social media alleging that the website of the Central Bank of Nigeria has been breached by malicious persons, we wish to state categorically that our website is secure. “We wish to assure the ...
The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 bank notes remain legal tender Till December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin stated this in a statement on Monday. ...
Elsewhere in Africa, Nigeria now has its first modern deep seaport Lekki, which is forecast to create nearly 170,000 jobs and generate revenue of $361 billion over the next 45 years. The initiative has facilitated the adoption of clean energy in Africa, helping it avoid the pollution associate...
The Central Bank of Nigeria says it plans to increase OMO frequency and volumes to mop up liquidity and provide investment opportunities for FPIs. Traders at UBA say market sentiments remain bearish following today’s OMO bill auction. Kenneth Onuoha, Team Member, Assets and Liabilities at UBA ...
Elsewhere in Africa, Nigeria now has its first modern deep seaport Lekki, which is forecast to create nearly 170,000 jobs and generate revenue of $361 billion over the next 45 years. The initiative has facilitated the adoption of clean energy in Africa, helping it avoid the pollution associate...
s finance minister Mohammed Al-Jadaan to discuss deepening financial and business cooperation. Chan also exchanged views with the Vice President of Nigeria, Kashim Shettima, on global economic developments. The finance chief also told representatives of two companies specializing in fintech and ...
Elsewhere in Africa, Nigeria now has its first modern deep seaport Lekki, which is forecast to create nearly 170,000 jobs and generate revenue of $361 billion over the next 45 years. The initiative has facilitated the adoption of clean energy in Africa, helping it avoid the pollution associate...