The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024.,
The Central Bank of Nigeria has reported a significant increase in remittance inflows, reaching $553 million in July 2024., a figure which indicates a 130 percent rise compared to the previous year, 2023. The figure represents the highest monthly total inflows on record, demonstrating the ongoing efforts by the CBN to enhance liquidity in…The Central Bank of Nigeria has reported a significant increase in remittance inflows, reaching $553 million in July 2024.
“The increase in remittances is a strong testament to the success of the CBN’s ongoing efforts to bolster public confidence in the foreign exchange market, strengthen a robust and inclusive banking system, and promote price stability, which is essential for sustained economic growth. An Islamic cleric, Sheik Abdulrahman Azzamfari, on Tuesday accused Zamfara State Governor, Dauda Lawal, of failing to effectively respond to the persistent threat of armed banditry, leaving innocent civilians to bear the brunt of the devastating consequences. Azzamfari drew a stark comparison between the current administration's approach and that of the previous governor, Bello Matawalle,…
Chairman, Board of Directors, Sundry Foods, Adedotun Sulaiman, has restated the firm's commitment to remain at the forefront of the Nigerian food services industry while maintaining its core values to customers' loyalty. The Nigerian Exchange Limited reopened the week with N750 billion total loss amid sell pressures in Dangote Cement Plc and 16 stocks. At the close of transactions, the all-share index shed 1,320.52 points
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