The naira took a downward turn on Tuesday as the demand for the dollar rose. The Nigerian currency was quoted at 224 to a dollar on the parallel market, 0.89 percent
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The Central Bank of Nigeria (CBN) has has state governments to present details of their loan obligations before the end of Wednesday. The directive was contained in a statement issued by
President Muhammadu Buhari has approved more than N400 billion as an intervention fund to end the lingering crisis of unpaid workers’ salaries in about 18 states of the federation. According
Godwin Emefiele, governor of Central Bank of Nigeria (CBN), has urged the incoming government to consider selling down its majority stakes in joint ventures with multinational oil companies in order to
The Central Bank of Nigeria (CBN) has decided to maintain interest rate at 13 per cent. The decision was reached at the
The naira lost N4 to the dollar to sell at N213 at the black market and N210 at the Bureau
The naira appreciated against the dollar at both the official and parallel markets, a survey conducted by NAN in Lagos,
The exchange rate for the dollar in Abuja “black market” on Wednesday stood between N182 and N186,the news Agency of
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says the apex bank would continue to make regulations that would strengthen
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) was split in its decision to retain monetary interest rates at
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