By Edozie Obasi-Eze The dust raised by the ongoing jostle for who replace President Muhammadu Buhari come May 2023 is rising higher each day. For...
By Edozie Obasi-Eze As part of efforts to ease the pressure on foreign exchange rates in Nigeria, the Central Bank of Nigeria (CBN) is offering...
By EdozieObasi-Eze The ancient city of Benin, southwest Nigeria, yesterday, played host to the Central Bank of Nigeria’s (CBN) enlightenment and public engagement seminar on...
By Edozie Obasi-Eze First Bank of Nigeria, has been described as too big to fail, even in the face of ownership crisis that has seen...
Modupe Asudo with agency reports LAGOS-THE naira has appreciated further in the parallel market as the dollar was sold for N540 on Wednesday, with traders saying...
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...