Tag: Stability
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[Devotional] IN HIS PRESENCE: Stability can only be found in Christ
We are currently living in difficult times. There is currently so much brokenness, decay, lawlessness, and wickedness. The world is currently going through a lot of distress. Insecurity, terrorism, food crisis, inflation, high cost of living and of course the recent earthquakes in Turkey and Syria that claimed thousands of lives.
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2019: Election spending may affect naira stability – CBN
The Central Bank of Nigeria (CBN) has warned that the economy faces inflation and financial stability risks over the short-to medium-term if expected huge election spending is not checked. CBN Deputy Governor (Corporate Services) Adamu Edward Lamtek explained in his personal statement at the last Monetary Policy Committee (MPC) meeting released yesterday by the CBN…
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Forex: Market gains stability as CBN injects $210m
The various segments of the currency market in the country gained stability last week as the Central Bank of Nigeria (CBN) put another $210 million into the market to sustain flow of forex to meet demands of customers. According to a weekly report released by Cowry Asset, the Naira strengthened against the US Dollar at…
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Naira extends stability at major forex market
The Naira on Tuesday continued to extend its stability against the dollar at all the major segments of the forex market. At the parallel market, the Naira exchanged at N498 to a dollar, while the Pound Sterling and the Euro traded at NN615 and N525, respectively. Trading at the Bureau De Change (BDC) window saw…