The federal government has issued a fresh update on Nigeria’s minimum wage amid growing concerns over workers’ salaries and calls for new wage negotiations.
The naira gains against the dollar at official and black markets on Wednesday, while interbank foreign exchange turnover surged and analysts projected stability.
According to a CBN quarterly report, the demand for Forex by importers and other forex-related businesses plummeted by $9 billion in twelve months.
The Central Bank of Nigeria has dismissed high-ranking bank directors as Governor Olayemi Cardoso continues its clean-up exercise of the top financial institution.
The Central Bank of Nigeria has explained its decision for Opay, Moniepoint, and Kuda's new customer enrolment and hinted at policy reversal in a few months.
In countries where Access Holdings has established a presence, the institution has become a driving force for job creation and entrepreneurship.
The Central Bank of Nigeria has issued a directive for Bureau De Change operators to reapply for licences, and this has raised concerns among stakeholders.
FMDQ figures show that on Wednesday, May 22, the value of the Naira against the dollar increased from N1465.68 per dollar on Tuesday to N1462.59 per dollar.
The United Kingdom government has issued a new guidelines for Nigerians and other immigrants to apply for its seasonal worker visas from 2024 to 2029.
The Central Bank of Nigeria has provided an explanation to the depreciation of the naira in the official and unofficial foreign exchange markets.
Nigeria is ranks as the second least indebted nation in Africa according to the International Monetary Fund in spite of the belief that Nigeria is heavily indebted.
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