The Central Bank of Nigeria (CBN) may be forced to further retract its defence and depreciate the naira as the apex bank increased the bid price...
The apex bank, which has refused to disclose the exact foreign remittances it has received from 2016 to 2018, deliberately stocks the US dollars it receives...
The Central Bank of Nigeria (CBN) has so far disbursed N49 billion out of its N50 billion Targeted Credit Facility meant to cushion the impact of...
The Minister of Power, Mr. Sale Mamman, Thursday said that market inefficiency, a situation in which asset’s prices do not accurately reflect their true value, remains...
The Executive Secretary, Nigerian Shippers’ Council, Hassan Bello, speaks on the challenges confronting ports and how to make their operations seamless in this interview with Okechukwu...
The Central Bank of Nigeria (CBN) has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs). The rate has been slashed from 9...
Nigeria might soon end up in recession, Nigeria’s finance minister, Zainab Ahmed has said. Minister of Finance, Zainab Ahmed has revealed that Nigeria might be forced...
The Naira, yesterday, appreciated to N386.94 per dollar in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the...
Star actress, Mercy Johnson Okojie has given birth to her 4th child, a girl, named Divine-Mercy Ehinomen Okojie. Prince Odie Okojie, Husband of the super talented...
Following the uncertainty in the foreign exchange market, the Naira depreciated at the parallel market on Friday evening. Nigeria’s currency depreciated to N410 per one dollar...
