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CBN Speaks on Plans to Revoke Licenses of Fidelity, Wema, Polaris, Unity Banks
Business

CBN Injects $197.71 Million into FX Market to Boost Liquidity

CBN has injected $197.71 million into the foreign exchange market to ensure liquidity and stability. The move aims to support a stable, transparent,...

Naira Gains Despite 32% Drop in FX Market Turnover | Daily Report Nigeria
Business

Naira Gains Despite 32% Drop in FX Market Turnover

Nigeria’s foreign exchange market turnover declined by 32.28% in December 2024, falling to $9.74bn from $14.39bn in November. The decline was attributed to...