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Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...
1d
Legit.ng on MSNWorld Bank reveals the reason behind $10.50 million for CBNThe World Bank has explained that the $10.50 million funding sought by the Central Bank of Nigeria was a grant and not a loan as previously reported.
Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...
1d
Legit.ng on MSNJP Morgan, Top US Bank, Seeks Licence to Operate in Nigeria as it Predicts Naira FX Rate in 2025The top US investment banker, JP Morgan, is seeking to convert its Lagos representative office into a full-fledged merchant ...
Nigeria's net foreign exchange reserves stood at $23.11 billion at the end of 2024, their highest level in three years, the ...
The Central Bank of Nigeria (CBN) has firmly refuted a report circulating online that claimed the bank was introducing new N5 ...
10h
AllAfrica on MSNNigeria: Kano Groom Jailed Over Naira Abuse During WeddingMr Huseini was found guilty of Naira abuse, an offence punishable under Section 21(1) of the Central Bank Act, 2007 ...
15h
AllAfrica on MSNNigeria: Kano Court Jails Make-Up Artist for Naira AbusePress Release - He was jailed after pleading guilty to one-count charge bordering on abuse and mutilation of the Naira.
The Bank of Ghana and the Central Bank of Kenya will pause cutting interest rates at their upcoming meetings and resume in ...
The World Bank is planning a $10.50 million grant to Nigeria aimed at boosting the technical capacity of the Central ...
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