Nigeria’s external reserve lost $246.25 million during the week, representing a 0.63% decline from $39.04 billion.
The decline in the external reserve level can be attributed to the continuous intervention by the Central Bank in the FX market in order to ensure the stability of the local currency.
World Bank names 59 blacklisted Nigerian firms.
The World Bank has barred 59 Nigerian companies and individuals for engaging in corrupt practices and other procurement offences. This...
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