ABUJA-THE Central bank of Nigeria has warned that that abusers of the naira at social events risk imprisonment or an imposition of fine. The CBN noted...
By Udo NTUDO LAGOS-EVER since the naira entered into a tail-spin, performing woefully against other currencies, there has been an outpouring of concern by disillusioned citizens....
ABUJA—The Central Bank of Nigeria, CBN, is now to allocate foreign exchange to end-users, with priority given to matured Letters of Credit, importation of petroleum products,...
FG, others to pay more for foreign debt — Afrinvest By Babajide KOMOLAFE LAGOS-BANKS are desperately searching for how to invest the over N1 trillion of...
ABUJA-THE naira continued its free fall on Thursday, crashing to 280 against the United States dollar at the parallel market. The greenback sold for N269 on...
LAGOS—Stanbic IBTC Holdings Plc, has appealed the judgment of a Federal High Court sitting in Lagos, dismissing its suit against the Financial Reporting Council of Nigeria,...
By Yemie ADEOYE with Agency reports LAGOS-THERE seems no end in sight to the ongoing abysmal fall of the Naira against the greenback as the embattled currency...
By Yemie ADEOYE ABUJA– FOLLOWING the state of Nigeria’s economy and revelations on how the national vault was plundered and monies shared amongst politicians of the...
By Henry BOYO LAGOS-THE crash in crude oil prices from over $145 in 2008 to below $40/barrel presently, has invariably reduced Nigeria’s export earnings by over...
By Yemie ADEOYE LAGOS -THE Central Bank of Nigeria, has announced that it is now set for the commencement of a low-interest loan scheme for one million young...
