By Odunewu Segun The Federal Government has foreclosed the possibility of early reversal of the government policy restricting importers of about 41 items from assessing the...
President Muhammadu Buhari says that he will not support the devaluation of the naira because it will not be favourable to the Nigerian economy. Buhari, who...
The President, Maize Growers and Processing Association of Nigeria (MGAPAN), Mr Edwin Uche, has disclosed that the group is determined to boost maize value chain in...
The National Coordinator of the association Farmers Empowerment and Development Association of Nigeria (FEDAN), Mr Sola Adepomola, has called for early disbursement of the Central Bank...
By Odunewu Segun Operators of Bureau de Change across the country have asked the Central Bank of Nigeria for a clear roadmap for the BDC forex...
…N1.47trn for debt servicing next year By Odunewu Segun The proposal by the federal government to borrow N1.84trn to finance the N2.22trn budget deficit of 2016...
…as naira appreciates N260/$1 Banks are increasingly finding it difficult to source for forex to service their obligations thereby increasing the cost of borrowing that now...
The federal government has been asked to develop policies that will ease access to foreign exchange for critical goods, as well as the need to drive...
Nigeria’s foreign reserves which stood at $34.493 billion in January 5, this year fell to $29.342 billion on last week, representing a drop of 15 per...
Nigerians abroad, mostly students, on Saturday took to the streets to protest against Deposit Money Banks’ proposed ban on naira-denominated Automated Teller Machine cards for dollar-denominated...
