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Economy
What Happens When an African Country Declares Bankruptcy?
There is a report from the international financial experts showing that a number of African countries are facing…
World Bank approves another $700m loan for Nigeria
The World Bank has approved a fresh $700m loan for Nigeria.
It disclosed this in a…
Yemi Cardoso assumes duty as acting CBN Governor
Dr. Olayemi Michael Cardoso has assumed duty as Acting Governor of the Central Bank…
Naira tumbles to 980/dollar, FX shortage worsens
Forex
The naira continued its downward trend after exchanging to the dollar…
Naira falls at black market as dollar index hit 6 months high
The dollar steadied near six-month highs as lingering signs of inflation in the…
CBN to clear $10 billion FX backlog in 2 weeks, accuse BDCs of round-tripping
The Central Bank has said that it is working with the commercial banks to clear the…
CBN to ‘clear $10b forex backlog in two weeks’
The Central Bank of Nigeria is now working with commercial banks to clear $10 billion…
Forex crisis puts parents of students studying abroad under severe pressure
These are indeed challenging times for parents residing in Nigeria but who have kids in…
Fuel marketers push for fresh price hike as Naira crumbles to 920/$
As the value of the Naira against the dollar continues to plunge further, Oil marketers have…
Falana takes CBN to court over illegal floating of Naira
Human rights lawyer, Femi Falana, has gone to court to challenge what he described as the…