The Nigerian currency, the naira, has appreciated against the dollar, reaching a new rate of N1,200/dollar in the parallel market. …
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Remita Selected Based on Merit, Says CBN; Reps Question FIRS
The Central Bank of Nigeria (CBN) highlighted the merit-based selection of Remita to provide an electronic platform essential for facilitating …
Read More »Obasanjo Urges FG to Tackle Unemployment and Promote Agribusiness for Improved Security and Food Sustainability
Nigeria’s former President, Olusegun Obasanjo, has called on the Federal Government to address the issue of unemployment, stating that it …
Read More »Nigerian Naira Surges in Parallel Market: A Hopeful Outlook for Currency Traders
The Nigerian Naira has recently experienced a significant surge in the parallel market, sparking a wave of cautious optimism among …
Read More »Cement Price Surge: Lafarge Africa’s Perspective on Market Dynamics and Quality Assurance
key officials from Lafarge Holcim Africa shed light on the factors contributing to the current cement price surge in the …
Read More »CBN Lifts FX Restrictions on Milk and Dairy Products Import to Lower Prices
The Central Bank of Nigeria (CBN) has lifted foreign exchange (FX) restrictions on the importation of milk and dairy products …
Read More »Reno Omokri Slams Peter Obi: Naira Gains Value While LP Candidate Stays Silent
Socio-political activist Reno Omokri has once again criticized the Labour Party’s 2023 presidential candidate, Peter Obi, accusing him of being …
Read More »CBN Restricts Banks from Profiting from Foreign Exchange Revaluation
The Central Bank of Nigeria (CBN) has recently reiterated its directive to banks, barring them from paying dividends to shareholders …
Read More »Reno Omokri Applauds Tinubu’s Subsidy Removal and FX Reforms, Says Nigeria is Moving Forward
Former presidential aide and Peoples Democratic Party (PDP) chieftain, Reno Omokri, praises President Bola Tinubu’s decision to remove the petrol …
Read More »Moghalu Proposes Bold Reforms to Stabilize Nigeria’s Economy
Former Deputy Governor of the Central Bank Nigeria (CBN), Kingsley Moghalu, has proposed a series of bold reforms to address …
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