Naira In Mixed Fortunes As External Reserves Drop To 5mths Low
Despite the renewed pressures on the external sector, Naira has appreciated in the Investors & Exporters (I&E) window of the currency market.
But this came at the backdrop of a decline in external reserves just...
Retirement Age Increase Aggravates Youth Unemployment — ABCON
Association of Bureaux De Change Operators of Nigeria (ABCON) has cautioned against increasing the retirement age stressing this works against policies aimed at reducing youth unemployment in the country.
The Association stated this in its Quarterly Economic Review...
CBN’s $450m Inflow To BDCs Stabilise Naira
The Central Bank of Nigeria (CBN) has injected over $450 million into the Bureau De Change (BDC) segment of the foreign exchange market to keep the naira stable.
The dollar injections, which came after the apex bank resumed dollar...
