…as passengers lament fare hikes By ISAAC TERSOO AGBER AS the naira goes crashing against the dollar in forex, foreign airlines have decided that all tickets...
Political mudslinging among political elite continued on Saturday as the Peoples Democratic Party (PDP), Central Bank of Nigeria (CBN) and the Senior Special Assistant on Media...
THE decision by the Central Bank of Nigeria to partner the Nigerian National Petroleum Corporation in sourcing for foreign exchange for oil marketers has been described...
By Odunewu Segun Experts have pushed for an upward reviewed of the official exchange rates from the current $197 to a dollar to $230-$240 as Central...
…Predicts more woes for economy By ODUNEWU SEGUN WITH inflation at its highest in three years, 11.4 per cent, and growth slowed to 2.8 per cent,...
ONE of the members of the Central Bank of Nigeria Monetary Policy Committee, Doyin Salami has disassociated himself from the decision of the government not to...
By BATURE DANLAMI THE pressure on the local currency is expected to reduce and stability maintained at the foreign exchange market this week following noticeable improvement...
• Letter of credit now at $500 million • Bank liquidity to decrease further By ODUNEWU SEGUN NIGERIA’S overnight interbank lending rate rose week-on-week to an...
Expert predicts more gains By Odunewu Segun Nigeria’s local currency, the naira has staged a comeback. The naira gained over N60 against the dollar on Tuesday’s...
• Nigerians brace up for further fall of currency By ODUNEWU SEGUN FINANCIAL experts have argued that the carrot and stick approach by the Central Bank...