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A service for FOREX trading professionals · Wednesday, March 12, 2025 · 793,111,074 Articles · 3+ Million Readers
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Nigerian Naira (NGN) News Monitoring

  • Published on Mar 6, 2025

    On security, intelligence and anti-graft agencies

    February was a month of high-stakes drama and intense scrutiny for Nigeria’s top security and anti-corruption bodies. From political clashes to internal upheavals, these pivotal institutions found themselves at the center of national controversies, shaping …

    Source: Blueprint Newspapers Limited - Label Pending
  • Published on Mar 6, 2025

    Nigerian High Court Orders Final Forfeiture Of N2.1Trillion Linked To Ex-Central Bank Governor Emefiele

    A Federal High Court sitting in Lagos has ordered the permanent forfeiture of $1,426,175.14 (equivalent to N2,144,867,578.30) allegedly linked to fraudulent activities involving former Central Bank of Nigeria (CBN) Governor Godwin Emefiele.   The ruling, …

    Source: Sahara Reporters - Left-wing
  • Published on Mar 6, 2025

    Beyond profit: Telcos navigate economic storm with price adjustments

    BY ENIOLA JOHNSON In a year when inflation soared to a staggering 33.2%, making everyday life more expensive for millions of Nigerians, one sector stood out for its resilience – telecommunications. While the prices of food, fuel, and essential goods …

    Source: The Cable - Neutral
  • Published on Mar 6, 2025

    As global services hike prices, Africans need comparable local alternatives

    The unending increase in the price of goods and services across Africa has just welcomed another unfavourable addition. Google LCC, the provider of Google One, in an email to users on February 26, announced that the price of its cloud storage subscription …

    Source: Techpoint Africa - Neutral
  • Published on Mar 6, 2025

    Yuan strengthens 7.1692 against dollar

    NOW The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened 22 pips to 7.1692 against the dollar on Thursday. This is according to the China Foreign Exchange Trade System. The central parity rate of the Yuan against the dollar …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Mar 6, 2025

    Muda Yusuf urges CBN to let firms prove $2.4b in unresolved FX deals

    An economist, Muda Yusuf, has asked the Central Bank of Nigeria (CBN) to invite companies that have been affected by the $2.4bn unresolved matured foreign exchange forward contracts. According to the Chief Executive Officer of the Centre for the Promotion …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Mar 6, 2025

    Manufacturers walk tightrope as rising costs narrow profit margins   

    Operators urge govt to tackle structural constraints Nigerian listed companies continued to battle for corporate survival with high inflation, currency depreciation and high energy costs driving up the costs of sale of many entities across sectors by a …

    Source: The Guardian (Nigeria) - Uncategorized

  • What $1 million buys you around the world

    The average Australian homebuyer now needs to fork out well over $1 million to live in a capital city.  According to the latest data, the median house price for Australia’s combined capital cities currently sits at $1.16 million.  In some cities, the price …

    Source: Allhomes - Label Pending

  • Nigerians Denounce EFCC's Elite Favouritism After ‘Clock Tickʼ Comment

    Nigerian X users have again criticised the Economic and Financial Crimes Commission (EFCC) for its inaction and perceived favouritism. This is regarding Subomi and Wahab, sons of businessman Rasaq Okoya, who were invited over the misuse of currency notes …

    Source: Foundation for Investigative Journalism - Neutral

05 days 16:04:08

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