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Nigerian Exchange Welcomes Ahonsi Unuigbe as Its New Chairman
Nigerian Exchange Limited (NGX) Names Ahonsi Unuigbe as New Chairman Lagos, Nigeria – Nigerian Exchange Limited (NGX) has announced the appointment of Mr. Ahonsi Unuigbe as its new Board Chairman, effective from September 27, 2023. This decision follows the retirement of Mr. Abubakar Mahmoud. Additionally, shareholders of NGX have approved several key appointments, including Mr. […]
First Bank salutes Medical Professionals tackling COVID-19
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CBN Offloads Forex to BDCs at N1,251/$1 Amid Naira’s Recovery The naira had plummeted to record lows over recent months, dropping from approximately N700/$1 last May to around N2,000/$1 in January, before showing signs of appreciation in March.
A man exchanges Nigeria’s currency, the Naira, for US dollars in Lagos, Nigeria. (Photo by PIUS UTOMI EKPEI – AFP) Amidst months of unprecedented uncertainties, the Naira gradually appreciates against the dollar, prompting the Central Bank of Nigeria (CBN) to announce the sale of $10,000 to each eligible Bureau De Change (BDC) operator in […]