Business

What CBN Did With $148m On July 22 And 23, 2024

The Central Bank of Nigeria (CBN) has sold a cumulative $148 million to authorized dealers in the Nigerian Foreign Exchange Market (NFEM) to enhance...

Naira Suffers Massive Depreciation Against Dollar

The Naira depreciated yesterday to N1,603.8 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ indicated that the indicative exchange rate...
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