Effectively, the recapitalization process for Nigerian banks under the Olayemi Cardoso leadership of the Central Bank of Nigeria (CBN) commenced on Monday, April 1, 2024....
In what could be seen as an outright volte-face, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Wednesday, March 13, 2024,...
The news that deposit money banks (DMBs) and merchant banks in Nigeria borrowed a humongous sum of N8.7 trillion through the Standing Lending Facility (SLF)...
It is no longer news that the continued collapse of the Naira in the foreign exchange (FX) market is already eliciting desperate and panicky measures...
In dealing with one of the initial shocks of the fuel subsidy removal in June 2023, many agencies of the Federal Government and a good...
Apparently overwhelmed by the endless crashing of the Naira against the dollar (and other hard currencies) in the foreign exchange (forex) market for some months now,...
‘Waiting for Godot’ is a play by Irish playwright, Samuel Beckett, in which two characters, Vladimir and Estragon, engage in a variety of discussions and...
‘Waiting for Godot’ is a play by Irish playwright, Samuel Beckett, in which two characters, Vladimir and Estragon, engage in a variety of discussions and...
In the past one week or so, the media have been abuzz with news about the hiking of exchange rate (of the Naira against the dollar)...
The last few days in January 2024 saw Nigeria’s national currency—Naira—experience the worst crash ever in value against the US dollar and other hard currencies....