Money
One year after a sharp drop against the dollar, the naira is currently going through an uncommon period of stability, and analysts believe this trend will continue.
The Centre for the Promotion of Private Enterprise has advised the Federal Government and the Central Bank of Nigeria against increasing the interest rate.
The Central Bank of Nigeria (CBN) in an effort to stop the use of cash for payment transactions has announced two new payment solutions for government offices.
The Nigerian Communications Commission (NCC) has announced that the USSD codes of various Nigerian banks will stop working unless a five-year debt is paid.
The CBN's sanctions against the banks for not ensuring cash availability through their automated teller machines were fair, according to the Bank Customers.
The Central Bank of Nigeria has revealed that Nigerian banks gave out more credit to the government as customer personal loans and retail loans declined.
Nigerian billionaire Adebayo Ogunlesi, the Chief Executive Officer of Global Infrastructure Partners (GIP) has been appointed a board member of Open Ai
According to data on the Nig exchange, investors' sell pressure caused the company's share price to drop from N478.8 the day before to N431 on Tuesday, January 14.
Naira has depreciated further against the US dollar in the foreign exchange markets, but there is hope if the federal government does the right thing.
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