CBN: Overseas Remittances Increased to $1.3bn in February Amid FX Reforms
“All the different measures we have taken to boost reserves and create more liquidity in the markets have started to pay off.”
“All the different measures we have taken to boost reserves and create more liquidity in the markets have started to pay off.”
He stressed the importance of a dialogue involving stakeholders from diverse backgrounds to address these challenges.
AUSTRAC had, in 2022, called for an external audit of Bat365
The AfDB President is convinced that agriculture will be Africa’s source of wealth.
It said its remittances increased from N93.4 billion in 2022, to N131.2 billion by year end 2023.
Noting the consequence of ignoring the polluted areas, SOMONand SDN regretted that it is likely to worsen in the years ahead.
The highest spot rate on Tuesday, was pegged at N1652.40, while the lowest spot rate recorded was N1,450.
They said they’re working with the Bank of Ghana to identify and address issues that led to the suspension.
MAN warned that the expatriate levy would ruin the confidence the President was striving to build among domestic and foreign investors.
“(The) policy is right, but what we are talking about now is the implementation of this policy.”
The company urged its users to withdraw their naira funds, trade their naira assets, or convert them to cryptocurrency before the designated date.
The daily turnover on Monday stood at $178.63 million indicating a 39.95 percent drop from $296 million, on Friday.
“To be eligible to access this loan, all applicants must be within the ages of 21 to 40 years.”
CBN adjusted the FX rate on Customs import duties to N1, 544.081 to a dollar, from N1, 630.159 to a dollar.
Apple has however announced its intention to appeal the decision of the fine.
“The flows are not drying up as investors feel more confident the higher price appears to go.”
He said supporting local businesses is an act of patriotism and should become common practice.
Aero Contractors MD had said airlines are projected to lose about N15 billion revenues to issues related to flight delays and cancellation
“Our focus is on building a fully functioning market that allows smooth entry and exit for investors.”
The NNPCL had raised objection to the deal, stressing that it has the right of first refusal.
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