On his part, Ambrose Omordion, an analyst at Invesdata Consulting Limited, said the exchange rate goal is possible, arguing, however, that dollar inflow from the World...
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach...
The CBN governor said the book (Cowries to Cashless) would eloquently capture the evolutionary journey in the history of the CBN, particularly with regards to the...
The industry analysts believe that when results of the remaining banks are rolled out, combined profit would be in excess of N3.5 trillion.
The appreciation of the naira in the black market has reduced the exchange rate gap between the parallel market and the official window to N246.72.
On other challenges, Onyema lamented that Nigerian airlines cannot obtain dollars even from the CBN, disclosing that Air Peace paid CBN naira to obtain about 14...
On BUA’s promise to slash cement price, he said “it is actually taking effect. The price of cement from BUA Group has been reduced from N4,500...
The Bank argued that the Honourable Court lacks the requisite jurisdiction to entertain the suit and that the Plaintiff has not disclosed a reasonable cause of...
If the value of naira keeps depreciating then definitely life in Nigeria will get unnecessarily harder than it already is and it will be harder to...
Speaking on the Ghana experience with re-denomination, Mr Oyelaja stated: “When Ghana carried out the redenomination of its currency, the Cedi in 2007, it adjusted the...