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Nigeria and Brazil witness a surge in trade volume to $1.6 billion during the AU Summit, marked by discussions between Tinubu and Lula da...
As the ongoing African Union summit gains momentum, President Bola Tinubu and Brazilian President Luiz Inácio Lula da Silva convened in Addis Ababa, Ethiopia,...
Banks offload $3.3 billion amid the Central Bank’s efforts to counter a recent decline in the value of the naira
The naira experienced a fresh decline in both the official and parallel foreign exchange markets on Friday.
The national currency dropped to N1,670/$ at the...
EFCC directs a task force to address illicit forex trading and misuse of the naira
The Economic and Financial Crimes Commission (EFCC) has formed a task force to address the issues of illegal forex trading and abuse of the...
Lagos airport runway reopens after undergoing 11 months of repairs
The Federal Airports Authority of Nigeria has officially reopened the 3.9km Runway 18R/36L at the Murtala Muhammed International Airport, Lagos, following nearly 11 months...
CBN divides a $134 million bank transfer to prevent any infractions, according to the AuGF report
The recent Auditor General of the Federation report reveals that the Central Bank of Nigeria, during the previous administration, divided a $134 million transfer...
