By Sodiq Adelakun The Nigerian Naira has experienced a significant decline in the parallel market exchange rate, reaching a record low of N1960 per Euro. This...
By Sodiq Adelakun In a recent development that has significant implications for importers and the business community, the Central Bank of Nigeria (CBN) has once again...
President Bola Tinubu has approved the appointment of Mr. Ibrahim Khalil Gaga as Executive Director, Corporate Services, at the Nigerian Export-Import Bank (NEXIM). Mr. Gaga, a...
…CBN implements measures to stabilise Naira, combat inflation In a response to the surging cost of living, the Nigerian government has announced plans to significantly expand...
In a recent bond auction, Nigeria’s Debt Management Office (DMO) faced a lukewarm response from investors, managing to secure just about half of its target amount....
…As company records N106bn loss Reduced purchasing power of consumers in the country have negatively affected the profits of Nigerian Breweries. The CEO of Nigerian Breweries,...
…As FG targets $10bn to strengthen Naira By Sodiq Adelakun In a bid to stabilise the Nigerian foreign exchange market and curb the detrimental impact of...
…AfDB President lauds 15 African countries for surpassing 5% output growth By Sodiq Adelakun Africa’s real Gross Domestic Product (GDP) growth is predicted to reach an...
The Naira depreciated further to N1,534/$ on Monday according to data on the Central Bank of Nigeria and FMDQ website. This is a landmark as it...
…Halts payment of BTA/PTA in cash …Cacophony of postulations affecting stability of Fx market — Tinubu tells Govs By our correspondents The Central Bank of Nigeria (CBN)...