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No more N1,533: New exchange rates as naira depreciates in official market Nexovant
There is a new naira-to-dollar exchange rate in the official and unofficial foreign exchange markets The Nigerian currency appreciated in the black market but depreciated against the dollar in the official market There are high expectations that the naira will finish the year strongly as the federal government targets an exchange rate of N1,400 to […]
Africa needs $74 billion for debt service in 2024 Nexovant
Prof. Kevin Urama, Chief Economist and Vice President of Economic Governance and Knowledge Management at the African Development Bank (AfDB), has revealed that African countries will require $74 billion in 2024 to service their debt obligations. Urama made this known during the launch of the Debt Management Forum for Africa (DeMFA) and its inaugural policy […]
UK global talent visa: requirements, application process and eligibility Nexovant
The UK Global Talent visa offers an opportunity for individuals with exceptional skills or achievements to work and live in the UK. In order for one to apply, one must first meet specific requirements, including obtaining an endorsement or winning an eligible award. According to the UK Government, individuals applying for the Global Talent visa […]
Enugu govt launches digital platform for 48-hour processing of land title applications Nexovant
The Enugu State Government has launched the Enugu State Geographic Information System (ENGIS), a digital platform designed to streamline land title applications and ensure seamless processing within 48 hours. The announcement was contained in a statement by Governor Peter Mbah via his official X account on Monday, following the official launch of the platform. Governor […]
Naira gains N147 as new CBN platform boosts FX, experts explain reason Nexovant
The newly introduced Electronic Foreign Exchange Matching System (EFEMS) has further pushed up the naira’s value The development has led illegal currency traders to source for FX in the parallel market, causing the currency to improve Available data showed that the naira has gained over N147 against the US dollar in the parallel market over […]
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