The contract breach by the Nigerian government has now stalled progress of the power plant, as the Chinese bank says it would not release the funds until the legal standoff ends.
NBC reports that U.S. President Joe Biden said intelligence believes DarkSide is operating within Russia’s borders.
Central Bank Governor Godwin Emefiele had in February confirmed that the naira has depreciated at the official market to N410 against the dollar.
However, the volume of shares traded closed lower by 96.61 per cent.
“Excluding flows to Nigeria, remittances to sub-Saharan Africa increased by 2.3 per cent, demonstrating resilience.”
The underlying concern is that cryptocurrencies are being used to conceal illegal transactions, including theft and drug deals, and potential tax evasion from traders.
“It will be the place to be. Food sellers and other petty businesses will not be left out. Those coming for events will be served.”
“My administration will not take decisions that will be detrimental to workers’ welfare.”
It said a 27.7 per cent decline in remittance flows to Nigeria in 2020 resulted in the decline of remittances by 12.5 per cent to sub-Saharan Africa to $42 billion.
According to the report, the generated amount was N97.09 billion more than the N295.68 billion generated in Q1 2020.