Paystack’s Zap, launched in March, was tested by co-founder and CEO Shola Akinlade before a live audience to transfer funds to another account.
“Within the quarter, we saw 62 exchange rate changes. Rates ranged from ₦1,477.72 to ₦1,569.53 per dollar, averaging ₦1,521.59,” the customs boss stated.
A financial expert, Uche Uwaleke, says the current size of Net Foreign Exchange Reserves at $23.11 billion will positively impact the value of the naira.
According to Ms Duke, the move reflects the CBN’s broader objective of fostering a stable, transparent, and efficient foreign exchange market.
President Bola Ahmed Tinubu will depart for Paris, France, today on a short working visit.
Mr Wike pointed out that the PDP had been in power for several years but could not pay the N7.6 million ground rents for its land title in the Central Area.
The naira remained relatively stable against the US dollar since December 2024
EFCC alleged that they engaged in this foreign exchange without going through the official foreign exchange market authorised by the Central Bank of Nigeria.
EFCC has issued a public alert regarding the activities of 58 companies allegedly operating illegal Ponzi schemes under the guise of investment opportunities.
Mr Georgewill urged Mr Fubara not to defy the ultimatum.
![Rivers State Governor, Siminalayi Fubara [Facebook/ Chi Geru]](https://gazettengr.com/wp-content/uploads/WhatsApp-Image-2023-08-09-at-20.21.19-e1761166538952.jpeg)
