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Jonathan NwokporAccording to Finance Minister Wale Edun, Nigerians save in US dollars because they no longer trust the Naira. He pointed out that the recent increase in the value of the
Read MoreJonathan NwokporOn suspicion of organising an Islamist-motivated terror attack, three teenagers have been arrested by the police in Germany. Two girls aged 15 and 16 and a boy aged 15 were
Read MoreJonathan NwokporTo further increase Naira’s appreciation in the foreign exchange market, the Central Bank of Nigeria, CBN, has started another tranche of dollar sales for Bureau De Change, BDC, operators. ZINGTIE
Read MoreJonathan NwokporFinancial expert Kalu Aja has urged the Central Bank of Nigeria to sell the Naira at a rate of N1000 to the US dollar. Aja revealed this in a statement
Read MoreJonathan NwokporSince Olayemi Cardoso, the governor of the Central Bank of Nigeria, called BDC operators back into the foreign exchange market, the Naira has appreciated by N660 against the US dollar,
Read MoreJonathan NwokporThe Central Bank of Nigeria reports that the country’s economy has received inflows totaling over $1.5 billion in the last few days. In a statement released on Friday, Sidi Ali,
Read MoreJonathan NwokporAs of Thursday’s conclusion of trading on the official foreign exchange market, the Naira has retained its N1,300 status versus the US Dollar. On Thursday, the Naira was valued at
Read MoreJonathan NwokporWhen will the Naira appreciate to N1,000 per US dollar, according to the Association of Bureau de Change Operators in Nigeria, ABCON? According to Aminu Gwadabe, President of ABCON, the
Read MoreJonathan NwokporIn the foreign currency market, the Naira kept rising vs the US Dollar as USD transactions increased. According to FMDQ data, the Naira strengthened from 1,602.75 per USD on Friday
Read MoreJonathan NwokporAs it continued its appreciation against the US dollar on the foreign currency market, the Naira finished the week on a high note. The Naira strengthened to N1,602.75 from N1608.98
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