The name of the 40-year-old banker, who will clock 41 on October 26, has been sent to the senate for confirmation.
Browsing: Dr. Sarah Alade
The exchange rate of the naira against the U.S. dollar appreciated on the parallel market last week when it gained N6 to close at N380 on Friday, stronger than N386 last Monday, as the central bank sustained its dollar injection in the interbank forex market.
The reduced repayments have exacerbated the foreign currency liquidity stress of the banks, as some of these loans were granted in foreign currency.