By Radarr Africa Naira, the Nigerian currency, appreciated against the dollar at the Investors and Exporters window, exchanging at N429.62. The figure on Friday represented an increase of 0.15 per cent compared with the N430.25 it exchanged for the dollar on Thursday. The open indicative rate closed at N429.67 to the dollar. An exchange rate […]
Category: Radarr Africa
By Radarr Africa SARB, The South African Reserve Bank has imposed R35 million in fines on Nedbank for failures that included not reporting cash transactions of large amounts and shortcomings in record-keeping. The banking authority conditionally suspended R15 million of the fine. In a statement on Friday, the central bank said that the penalties followed […]
By Radarr Africa The Debt Management Office (DMO) has announced the listing of three Federal Government of Nigeria bonds valued at N225 billion for a subscription via auction at N1,000 per unit. This was announced on Friday in a statement issued in Abuja. According to the statement, the first offer for N75 billion had been […]