Central Bank to Reintroduce Auctions (rDas) to Address Forex Shortage - In a bid to tackle the persistent foreign exchange (forex) shortage in the country, the Central Bank has announced plans to reintroduce auctions, known as retail Dutch Auction System (rDas).
In a significant turn of events, 9Mobile, one of Nigeria's leading telecommunications companies, has secured a new owner based in the United Kingdom. This...