The country’s external reserves have witnessed a massive decline of $4.72b in the last four months, dropping to $38.13b as of April 30, 2014. Figures obtained from the Central Bank
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The Independent National Electoral Commission (INEC) has assured Nigerians that all election materials would be deployed to all states of the federation in good time for the 2015 general election.
Less than 20 million Nigerians operate bank accounts, the Central Bank of Nigeria (CBN) revealed on Thursday. This means that more than 150 million Nigerians do not have a bank account. “In Nigeria,
African Development Bank (AfDB) says Nigeria’s tight monetary policy contributed immensely in pegging the inflation at eight per cent in the third quarter of 2013. The country has been managing
A devaluation of the naira is “not likely” to take place in the medium term as this policy will not
The Naira held firmed against the United States dollar on Wednesday as Chevron Nigeria supplied the U.S. currency while offshore
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