Amid Reforms, Nigeria’s Forex Market Records $1.83bn Turnover in One Week
CBN Governor Cardoso urged Nigerians to moderate their appetite for the dollar and patronise local services.
CBN Governor Cardoso urged Nigerians to moderate their appetite for the dollar and patronise local services.
The cost of the key ingredient for making chocolate has now roughly doubled since the start of last year.
The AON said airlines will go under if there is no government intervention. “We are making losses on factors that are beyond our control.”
The country chair said this development will not affect any contracts entered into by Shell.
The call came as the World Bank announced that it had earmarked $44bn for Africa.
The apex bank set new conditions for debt recovery and fraud protection.
“The crime scene points to the fact that it is an organised crime that has been running for a long period.”
While there’s Intense rivalry on the football pitch, South Africa stands no competition in the bond market amid political and fiscal risks.
“The proposed policy would amount to a deliberate destruction of the business of local investors.”
This was revealed in recent data by the Nigeria Inter-Bank Settlement System.
“We are seeing a great opportunity for Nigeria to be self-sufficient in wheat farming.”
“Benue State is honored to receive this international recognition from a reputable credit rating agency.”
The German airline said about 100,000 passengers will be affected by the strike.
The highest spot rate recorded on Tuesday, was N1,519.78/$1 while the lowest spot rate recorded was N894.99/$1.
They said his clarification will boost investor confidence in the economy.
The project is sponsored by the United States Department of State Bureau of Enrgy Resources, Energy and Mineral Governance Programme.
“Mitigating a significant portion of these demands could have resulted in a considerably stronger naira today.”
“The market needs to be able to take the word of the Central Bank to the bank and react accordingly.”
Toyota shares surged 4.4% after the announcement, recovering from a 0.7% fall earlier.
The official window recorded the same daily turnover of $440.13 million on Monday compared to last week Friday.
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