- Finance minister, others shun budget performance sitting, panel kicks
- CBN prepares for recession, reduces benchmark lending rate to 11.5%
- National Assembly pledges allocation to youth development: Budget
- President Buhari issues new order to CBN: COVID-19
- IMF, World Bank conditions behind subsidy withdrawal, electricity tariff hike: Budget support
- It’s regrettable, no going back on fuel, electricity tariff hike – Buhari
- Naira loses ground against Dollar
- World food price index rises for third month: FAO
- Fed Govt set to replace Vision 20:2020
- COVID-19, Global mobility: outlook for the future
Money
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‘Naira Crashes 108% against CFA? No, it’s not So
The Guardian newspaper of August 24, 2020 had the front page headline titled “Naira Crashes 108 per cent against CFA,” by...
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Cryptocurrency can reduce foreign exchange burden
Opportunities presented by Cryptocurrency can help Nigeria deal with the weakness of Naira against dollar and other major currencies, Co-founder of...
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13 rich Nigerians under probe: Money laundering
Less than two weeks after it froze accounts of 38 companies over foreign exchange(forex) infractions, the Central Bank...
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Subsidising the naira blocks Nigeria’s economic takeoff
The naira should be floated to find its exchange rate value on the market if Nigeria’s economy...
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Naira loses ground against Dollar
The Nigerian Naira depreciated against the US dollar in the parallel market on Monday in contrast to...
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Forex scarcity worries airlines, operators seek intervention
The Chief Executive Officer of Aero Contractors, Captain Ado Sanusi has said the inability of Nigerian airlines...
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Naira rebounds, exchanges for 420/$, speculators count losses
The naira exchanged to the dollar at the parallel market at N420/$ on Wednesday, following the interventions...
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US dollar, British pound fall against Naira
The US dollar, the much sought after currency in Nigeria slumped by 5.38% on Tuesday at Nigeria’s...
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Polaris Bank launches new savings account
Polaris Bank has launched an account called ‘Polaris Target Savings Account’ to boost healthy savings culture and...
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CBN resumes sales of foreign exchange to licensed BDC operators
The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the...
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CBN to sanction exporters for not repatriating forex
The Central Bank of Nigeria, in collaboration with the Bankers’ Committee, has threatened to impose heavy sanctions...
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CBN to clamp down on forex abuse by dealers
The Central Bank of Nigeria has said it is eliminating foreign exchange abuse and other practices by...