MTN shares plunge after CBN sanction over $8.13 billion repatriation
As at noon Thursday, the company shares had plunged by as much as 23 per cent.
As at noon Thursday, the company shares had plunged by as much as 23 per cent.
The CBN proposes nine per cent interest rate for agriculture and some other sectors.
Chinese currency supply eases pressure on the Nigerian FOREX.
A dollar sells for N360 and 1CNY for N53.35 at the BDC.
The bank has kept the MPC key rate at 14 percent since 2016 in a bid to prop up the ...
“It is European problem which was created partly by the world order.”
CBN had on July 20 announced the commencement of its intervention in the sale of foreign exchange in Chinese currency.
MPC retains controlling rates for 11th consecutive time.
Each farmer will receive farm inputs depending on the size of his farm.
The naira continues its stability in the foreign exchange market, exchanging at an average of N360 to a dollar in ...
The board was appointed in July 2016
The levy is service charge exclusive of other taxes.
Mr Buhari had in June nominated Mr Shonubi for the same position.
Portfolio investments however increased to $5.14 billion during the same period.
The Pound Sterling and the Euro, however, closed at N482 and N419, respectively.
Meanwhile, the Naira continueS its stability in the foreign exchange market.
The President asks the new appointees to consider their postings as calls to national service.
The bank says people are afraid to bring their monies to banks because of banking charges
Mr Ucheagwu pleads not guilty to the allegations levelled against him.
The new appointee is to be cleared by the Senate
The Pound Sterling and the Euro closed at N490 and N425, respectively.
The matter had been handled by the SEC, CBN and the Federal High Court over ten years.
Naira lost one point.
Some of the members also complained about rising non-performing loans.
The partial lifting is necessary to confirm the appointment of members of the Central Bank of Nigeria board members.
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All content is Copyrighted © 2025 The Premium Times, Nigeria
