Nigeria Dooyum Naadzenga In a sweeping move set to ripple across the corridors of Nigeria’s public administration, the Federal Government has banned all Ministries, Departments, and Agencies (MDAs) from entering into contracts denominated in foreign currency—heralding a bold new era of fiscal
Nigeria The naira appreciated against the dollar at the official foreign exchange market on Friday, ending a three-day depreciation streak. Data from the Central Bank of Nigeria showed that the naira strengthened to N1,547.36 against the dollar on Friday, compared to N1,549.41 recorded on Thursday. This indicates a gain of N2.05 against the dollar on […]