Finance
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S’Court backs CBN, cancels old naira deadline
The Central Bank of Nigeria, on Wednesday, directed all banks to continue to issue and accept both the old and…
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NNPCL ends fuel import Dec 2024, projects N4.5tn revenue
The Nigerian National Petroleum Company Limited, on Thursday, said it would end the importation of refined petroleum products by December…
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Naira drops to N956/$ as dollar supply falls by 46%
The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex window as dollar supply declined by…
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Fresh Naira scarcity hits Kano, Sokoto, Edo, others
Despite recent assurances by the Central Bank of Nigeria that there is enough naira in circulation, reports of scarcity have…
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Inflation rate: Monetary policies yielding desired results, says CBN
The Central Bank of Nigeria has said its monetary policy reforms have started reflecting positively on the country’s economy. The…
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CBN extends validity of old naira indefinitely
The Central Bank of Nigeria has announced its intention to extend the validity of the old N200, N500, and N1,000…
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Naira slumps further, exchanges 1,190/$
The naira has maintained its downward trend as scarcity of the dollar bites harder, findings have revealed. At the parallel market,…
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THE NAIRA CONUNDRUM – WHAT TO DO
First of Dear Readers, I have been called to public service. Some of you may know this already. It…
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$10bn debt: CBN defaults on payment to banks, dollar nears N1,000
Over two weeks after the Central Bank of Nigeria promised to clear over $10bn foreign exchange debts owed Deposit Money…
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THAT CONTROVERSY AROUND A CRASHED UNEMPLOYMENT RATE IN NIGERIA
The other day, I was invited alongside some other economists, to a parley with the Statistician General (SG), to…
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