CBN replies Senate, says not selling dollars to anyone at N200 rate
Nigerians have condemned the Senate's demand.
Nigerians have condemned the Senate's demand.
“My view is that the government has no business in it (building and owning religious centres).”
Former President Barack Obama’s administration originally agreed on the sale, but delayed it.
“We do not have the capacity to do so and will never do so.”
Naira exchanged at N410 a dollar on Wednesday.
The Naira remained stable at the interbank market, exchanging at N307.50 to a dollar.
Both men had no lawyer and were representing themselves.
The bonds are re-openings of previous issues, except the 2027 which is a new issue.
Traders in the market expressed concern about the depreciation of the Naira in spite the gains earlier recorded.
The list comprises 18 Nigerian companies, 11 International Traders, five foreign refineries, and others.
The rice, mainly grown in Kebbi, would be sold in the 57 councils in Lagos.
The National Agency for the Prohibition of Trafficking in Persons, (NAPTIP) in Ebonyi State has taken custody of a woman, ...
The operation targeted websites in 27 countries.
The present approach is expected to improve liquidity in the Forex distribution chain.
A senior official says the government will retain a repurchase right.
The government said weekend sale of asset remained part of its proposal to reflate the economy.
More Nigerians speak against the proposal to sell NLNG and other national asset.
Mr. Falana said some lawmakers may be queuing up to buy the national assets
“I was offered the ticket at a price but I rejected it."
The bank explains what BDCs buying forex from banks can do and what they can't do.
The CBN is seeking ways to stabilize the naira
Total Oil recorded the biggest loss, dropping about N10 per share to close at N190 per share.
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