Indications have emerged on Nigeria’s external reserves dropping by $915m after the Central Bank of Nigeria officially floated the naira and liberalised the foreign exchange market.
CBN data obtained on Sunday showed that the reserves, which stood at $34.66bn as of June 14, 2023, when the naira was floated, fell to $33.74bn as of August 24, 2023.
The naira value had closed at 471.67/$ at the Investor & Exporter forex window on June 13, a day before the CBN announced the naira float.
Following the development, the local currency fell to over 700/$ at the I&E window.
The naira has been trading at over 700/dollar since then.
At the parallel market on Saturday, the naira was bought and sold for 900/$ and 915/$.
Pounds Sterling was bought and sold for N1160 and N1180, according to Bureau de Change operators who spoke with The PUNCH.
At the I&E window, the naira commenced trading on Friday at 773.29/$ and hit a high of 799.9/$ before closing at 778.42/$.
At the last Monetary Policy Committee meeting, the acting Governor, CBN, Mr Folashodun Shonubi, had said, “Accretion to external reserves remains weak while foreign exchange demand pressure persists.”
While noting that the apex bank would save the naira from further slides, he vowed to clamp down on operations of illegal Bureau de Change operators.
The development came after the Nigerian National Petroleum Corporation said it was taking a $3bn loan from Africa Import and Export Bank, as a temporary measure to improve dollar supply in the country.
The President of the Association of Bureau De Change Operators of Nigeria, Aminu Gwadabe, had said the CBN would be going tough on illegal operators in their efforts to stabilise the naira.
“At a sensitisation engagement between the CBN and a few of our compliance officers across the zones, the apex bank reiterated that by August 31, 2023, any breaches on the allowable margin of -2.5 per cent and +2.5 per cent on the average weighted rate of I&E closing rate, rendition of returns and payment of penalties, if any, will lead to revocation of the operating license of the operator,” he said.
Need_For_Speed_Most_Wanted_Win_Setup_EN.zip (1.85GB) We are looking for the game manual for this game. If you think you can help us locate a copy, please don’t hesitate to contact us here. How to get a Most Wanted car after you have raced it and won it in Need For Speed Most Wanted (2012)? 129₴ at checkout, auto-renewed every 1 month(s) at 129₴. Games.lol is your No. 1 download site for free online games for PC. We have popular games such as Granny, Gacha Life, Subway Surfers, Pixel Gun 3D, 8 Ball Pool, Mobile Legends Bang Bang and others. Games.lol provides cheats, tips, hacks, tricks and walkthroughs for all games. It’s hard when a game’s own title contradicts what it is in a non-ironic fashion, but Need for Speed No Limits is a game that constantly limits and restricts… This is the discussion about the legendary BMW car in various Need for Speed games, especially Most Wanted.
https://wiki-dale.win/index.php?title=Chelsea_fc_all_transfers
The first thing I do is right-click in the Project window to create a new C# script called EnemyAI. To assign this script to an object, I simply drag the script file from the project view to the object in the Scene view or the Hierarchy and the code is assigned to the object. Unity takes care of the rest. It’s that easy. In 1989, Nintendo made waves again by popularizing handheld gaming with the release of its 8-bit Game Boy video game device and the often-bundled game Tetris. Over the next 25 years, Nintendo would release a number of successful successors to the Game Boy, including the Game Boy color in 1998, Nintendo DS in 2004, and Nintendo 3DS in 2011. Luckily, The Last of Us creators Craig Mazin and Neil Druckmann have provided a concrete answer: Season 1 of The Last of Us will cover the entire events of the first game.