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CBN Set to Re-issue N1.56 Trillion Maturing NTBs in Q3 2024
In the third quarter of 2024, the Central Bank of Nigeria (CBN) intends to reissue maturing Nigerian Treasury Bills (NTBs) valued at N1.56 trillion.
This...
Naira depreciates more as dollar sales decline by 30.05%
Thursday's continued weakening of the naira on the official foreign exchange (FX) market was caused by a decline in dollar sales by market participants.
According...
US declares new $176 million in humanitarian aid for Nigeria and six other countries
Nigeria and other West African nations will get an additional $176 million in humanitarian relief, according to the US administration.
On Tuesday, May 28, 2024,...
Airspace management agency anticipates reversal of 50% revenue deduction
The Nigerian Airspace Management Agency (NAMA) says it is currently experiencing serious financial challenges as a result of a 50% revenue cut.
Because the deduction...
Elon Musk regains the title of the world’s richest man with a net worth of $209 billion
Elon Musk recaptured the title of world's richest person during Memorial Day weekend, saying that his new AI business, xAI, had raised $6 billion...
