9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Thesaurus Acronyms Encyclopedia Wikipedia ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1.Federal Republic of Nigeria- a republic in West Africa on the Gulf of Guinea; gained independence from...
The Monetary Policy Committee (MPC) has urged the CBN to continue its efforts to boost external reserves. The committee highlighted the importance of sustaining the reserve accretion momentum to ensure financial stability. These developments reflect a concerted effort by Nigeria’s ...
Over the past three decades, Nigeria has witnessed fluctuations in its reserve accumulation and taken numerous policy measures in the management of its external reserves. This study investigated the impact of foreign reserve accumulation and the country's reserve management policies on its economic ...
Sometimes, organizations even reserve place in particular schools for the children of their employees and expats should enquire within their company if this is the case before enrolling.[4] [4] https:/www.expatarrivals.com/africa/nigeria/education-and-schools-nigeria Read More Back to top ...
Lekki Conservation Centre: A nature reserve with a canopy walkway offering views of the surrounding forest. National Museum: Housing a collection of Nigerian art and archaeological artifacts. New Afrika Shrine: A live music venue continuing the legacy of Afrobeat pioneer Fela Kuti. Lekki Market: A...
Nigerian finance minister Zainab Shamsuna Ahmed named the seven states that will participate in Phase 1 of the programme as ... IMF announces allocation of US$650 billion Special Drawing Rights The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member co...
Before the discovery of oil, the country depended almost entirely on agricultural production for food and agro-industrial raw materials for foreign exchange earnings through the commodity trade. At the time of independence, over 75 percent of the country's labour force was engaged in agriculture, ...
Profitability is also being dampened by the Cash Reserve Requirement (CRR), which, at 27.5 percent, is among the highest in the world.3 The CRR requires banks to park an increasing amount of local-currency deposits with the central bank, and restricts their ability to lend as these reserves...
Profitability is also being dampened by the Cash Reserve Requirement (CRR), which, at 27.5 percent, is among the highest in the world.3 The CRR requires banks to park an increasing amount of local-currency deposits with the central bank, and restricts their ability to lend as these...
"Also we are plagued with depleted foreign exchange earnings and reserve, drastic devaluation of the national currency, huge arrears of workers' salaries and pension, among others," he said. Ibrahim said the strategy which would be in partnership with industries and businesses would aid to accelera...