Jointly, the Department of State Services (DSS), and the Office of the Attorney-General of the Federation (OAGF) have told the Federal Capital Territory (FCT) High Court sitting in Abuja, why the bail application filed by the suspended Central Bank of Nigeria (CBN), Godwin Emefiele, must fail.
Browsing: ECONOMY
The Director of Road Transport in the Ministry of Transportation, Ibrahim Musa disclosed this at the Economic Community of West African States (ECOWAS) meeting organised between officials of Nigeria and Benin on Wednesday.
According to the apex bank, the policy changes are intended to promote transparency, liquidity, and price discovery in the FX market to improve supply, discourage speculation, enhance customer confidence, and ensure overall stability.
Following the Central Bank of Nigeria (CBN) new guidelines in the Foreign Exchange (FX) market recently released, the apex bank has announced further policy changes.
The Trade Union Congress of Nigeria (TUC) has commended the Federal Government’s new forex policy that liberalised the exchange rate of the Naira to the dollar.
Nigeria’s total public debt has risen to N82 trillion from N73 trillion following the unification of the naira.
For the 12th year in at a stretch, Nigeria’s Aliko Dangote, remains Africa’s richest, despite losing his $3.12 billion fortune to $17.8 billion, as a result of the Central Bank of Nigeria (CBN) unification of the naira’s exchange rate system.
Africa’s leading advisory services firm,ACIOE Associates, has reaffirmed its commitment to inspiring and transforming African businesses via strategic and proven growth advisory solutions to spur economic development.
On Friday, President Bola Tinubu suspended the governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and directed him to hand over the affairs of his office to the Deputy Governor (Operations Directorate).
Naira on Friday depreciated further against the dollar at the Investors and Exporters window, exchanging N472.50 to the dollar.