SPECIAL REPORT: Rape survivors demand justice as Kano fails to domesticate important lawsIs he a real or fake crown?, By Funke EgbemodeHerbert Wigwe from afar, By Kenneth AmaeshiSPECIAL REPORT: Rape survivors demand justice as Kano fails to domesticate important lawsIs he a real or fake crown?, By Funke EgbemodeHerbert Wigwe from afar, By Kenneth AmaeshiThe bank projected the exchange rate of the local currency to the greenback at 1200 in the short term on the back of policy reforms that could...
“That said, the policy steps implemented to date are only a first step in the right direction, and we think more follow-through is required to achieve a durable macro stabilisation.” In the days that followed, trading in the dollar, which had been in low supply in the currency market, more than doubled, with trade volume hitting $440 million on 3 February, the highest level since June 2022.
Source: Loan Digest (loandigest.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Terror in Kuriga: How terrorists kidnapped over 200 students in Nigerian community“Nearly two years, men including young boys haven’t been sleeping in the night in Kuriga,”
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Binance to Discontinue Services for Nigeria's Naira Amid Regulatory ConflictBinance will no longer offer services for Nigeria's fiat currency, the naira, due to regulatory issues. Naira balances will be automatically converted to USDT, and support for NGN deposits and withdrawals will be discontinued. Spot trading pairs against the naira will be delisted, and other Binance services will also stop supporting the naira.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Naira to be Currency for International Transfers in NigeriaThe Central Bank of Nigeria has directed that all inbound money transfers to Nigeria through international money transfer operators (IMTOs) will be paid only in Naira.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Intense Apprehension at CBN as Naira Weakens FurtherThere is concern at the Central Bank of Nigeria (CBN) that the Naira may weaken further as the FAAC prepares to disburse allocations among the federal, state, and local governments.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Amid depreciation of Naira, Nigerian lawmakers move to adjust 2024 budgetThe budget was pegged at N800 to a dollar but the naira currently trades at N1,605 to a dollar.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
EXCLUSIVE: Top Nigeria Customs officers enmeshed in multi-billion naira corruption scandalSome of the Customs officials were arrested and detained and some of them have returned money to the EFCC.
Source: PremiumTimesng - 🏆 3. / 78 Read more »