Naira to settle at N600/$1 in coming months – JP Morgan
JP Morgan, an American multinational financial services firm, has said that the naira is expected to appreciate, and trade at about N600 to the dollar in the coming months. The
Read MoreAuthor: Okafor Myra
Eight of Buhari’s ministers invited by EFCC – Report
Not less than eight ministers, who served under former President Muhammadu Buhari, have been invited over allegations bordering on corruption, according to an Economic Financial Crimes Commission (EFCC) source. The
Read More
JUST IN: Tinubu receives Asari Dokubo, others at Presidential Villa
Bola Tinubu, president of Nigeria, is currently meeting former Niger Delta agitator, Asari Dokubo, at the State House. Abuja. Dokubo arrived at the Aso Rock Villa around 11:00 am after
Read More
Emefiele enmeshed in N3.5bn CBN/NDIC procurement fraud
The management of the Central Bank of Nigeria (CBN), under the leadership of Godwin Emefiele, the suspended governor of the apex bank, has been indicted in corrupt practices and breach
Read More
Naira weakens to 702/$, CBN fresh FX supply likely
The naira traded at 702.19/dollar at the close of business on Thursday, as the Central Bank of Nigeria has allowed for a free float of the national currency against the
Read More
Oil marketers accuse NNPCL of massive fraud
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has accused the Nigeria National Petroleum Company Limited, NNPCL, of fraud The oil marketers urged President Bola Ahmed Tinubu to stop the
Read More
BREAKING: Tinubu appoints Dele Alake, Wale Edun, Nuhu Ribadu, others as special advisers
President Bola Tinubu has appointed Dele Alake, Wale Edun, Nuhu Ribadu, among others, as special advisers. While Mr. Alake was appointed as Special Adviser, Special Duties, Communications and Strategy, Mr.
Read More
Currency floating: Private sector, economists back CBN as naira falls to 664/$
The Central Bank of Nigeria has directed Deposit Money Banks to remove the rate cap on the naira at the official Investors and Exporters’ Window of the foreign exchange market,
Read More
JUST IN: Naira hits N755/$ at I&E window as CBN asks banks to sell freely
The naira is currently trading at between N750 and N755 per dollar at the investors and exporters (I&E) window. This comes as the Central Bank of Nigeria (CBN) directed commercial
Read More
JUST IN: Naira hits N755/$ at I&E window as CBN asks banks to sell freely
The naira is currently trading at between N750 and N755 per dollar at the investors and exporters (I&E) window. This comes as the Central Bank of Nigeria (CBN) directed commercial
Read More
