The Naira stabilized within the mid-N1,400s/$ range amid increased FX holdings in the Nigerian treasury and high FX demand from importers.
The post Naira cools off at N1,450/$ as CBN FX reserves hit new high appeared first on Nairametrics.
The Naira stabilized within the mid-N1,400s/$ range amid increased FX holdings in the Nigerian treasury and high FX demand from importers.
The post Naira cools off at N1,450/$ as CBN FX reserves hit new high appeared first on Nairametrics.
The Central Bank of Nigeria (CBN) has said that while recent reforms have helped to restore macroeconomic stability, there is still more work to do in improving living standards and addressing the country’s structural economic challenges. The post CBN: More work needed to improve Nigerians’ living standards under reforms appeared first on Nairametrics.
Read moreThe Federal High Court in Lagos, presided over by Justice Daniel Osiagor, has reportedly reversed a Mareva injunction (freezing order) in an alleged $1.01 billion debt recovery suit instituted against oil and gas company Nestoil Limited by FBNQuest Merchant Bank Limited and others. The post Nestoil: Lagos Court ‘reverses’ Mareva Injunction over alleged $1.01bn debt appeared first on Nairametrics.
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