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- Written by John Ikani
Nigeria's inflation rate has dropped again, sliding down to 17.93 per cent in May, an improvement from the 18.12 per cent recorded in April.
President of the Senate, Ahmad Lawan, has said that the restoration of Nigeria’s budget cycle to the January to December timeline has resulted in increased predictability of the country’s fiscal plans as well as boosted the confidence of local and foreign investors.
The Central Bank of Nigeria has perfected plans to increase the amount of foreign exchange allocated to banks, Vanguard reports.
El Salvador President Nayib Bukele announced in a recorded message played at a Bitcoin conference in Miami Saturday that next week he will send proposed legislation to the country's congress that would make the cryptocurrency legal tender in the Central American nation.
Telecommunications companies have insisted that the disconnection of banks from using the Unstructured Supplementary Service Data (USSD) is inevitable, New Telegraph reports.