CBN Halts Forex Sales to BDC Operators Amid Naira’s Decline Against Dollar
The overarching goal of these reforms is to enhance FX liquidity in the medium to long term and to bolster confidence in Nigeria’s FX market.
The overarching goal of these reforms is to enhance FX liquidity in the medium to long term and to bolster confidence in Nigeria’s FX market.
On Wednesday, June 26, a fire broke out at the Dangote Refinery located in the Lekki area of Lagos. The incident was confirmed by Anthony Chiejina, the Chief Corporate Communications Officer of Dangote Group. In an official statement, Chiejina assured the public that the fire had been promptly contained and there was no reason for…
On Wednesday, June 26, a Federal Capital Territory (FCT) High Court in Gwagwalada, Abuja, sentenced Tom Makwe, a man posing as a Nigerian senator, to two years imprisonment for defrauding a Spanish national of 47,082 euros. The Economic and Financial Crimes Commission (EFCC) had arraigned Makwe on two counts of intent to defraud over the…
Chelsea are reportedly showing significant interest in Nottingham Forest’s young centre-back Murillo and have already approached the club about a potential transfer, according to UOL. Forest have set a price tag of £51 million ($64 million) for the 21-year-old defender, but Chelsea are hesitant to meet that valuation. Instead, the West London club is prepared…
Despite topping their group, England’s performance in a goalless draw against Slovenia on Tuesday night left fans frustrated and disappointed. As the final whistle blew at RheinEnergieStadion in Cologne, a chorus of boos erupted from the stands. Gareth Southgate, ever the professional, approached the supporters to show his appreciation. However, his gesture was met with…
Eight years ago, Argentina faced Chile at MetLife Stadium in the Copa America, a match that ended in heartbreak for Lionel Messi, who briefly retired from international football afterward. It marked a significant low point in his illustrious career. Fast forward to Tuesday night, the two South American giants returned to the same venue, bringing…