CBN Orders Banks To Reduce Naira/Dollar Rate

Central Bank of Nigeria, CBN, on Monday ordered commercial banks in the country to immediately lower naira to dollar rate from 370 to 360 for sale of BTA, PTAs , medicals...

FG To SeeThat Oil Producing Communities Gets Fair Deals In New Polic- Osinbajo

The federal government says it has designed a new policy to  partner States, Local Governments and other stakeholders in the crude oil business aimed at giving a fair deal to oil...

Cashless Policy Sensitization By CBN Applauded In North East

Traditional rulers and citizens of major towns in North Eastern statesof Bauchi and Gombe are excited about the ongoing CBN cashless policy sensitization programme, which is being carried out by  Bizi...

PONZI SCHEME: MMM Denies Organizing Guiders Conference

MMM Nigeria has released a statement denying of organizing an Inaugural National MMM Guiders Conference supposedly scheduled to hold on the following days in Lagos- 14th to 15th April, 2017. Read an...

FOREX: Naira Strengthens Further Against The Dollar, N440/N445

The Naira on Monday continued to extend its gains against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency exchanged at N440 (buying rate) and...

Capital Oil,MRS Stole 17.4 bn PMS Belonging Us – NNPC Cries To DSS,EFCC For...

THE Nigerian National Petroleum Corporation, NNPC, yesterday, said it has reported MRS Limited and Capital Oil and Gas Limited to the Department of State Service, DSS, and the Economic and Financial...

N50k MINIMUM WAGE: Buhari To Appoint Review Committee Soon

Due to the current economic challenges and the rising cost of commodities, the Nigeria’s Minister of Labour and Investment, Chris Ngige has announced that President Muhammadu Buhari will soon approve the...

OP-ED:- THE FOREX DEBATE: What Is Emefile Up To This Time – by –...

An underlying economic principle that is often lost in translation in public discourse on the operations of foreign exchange market in Nigeria is the dynamic relationship between demand, supply and price....

How Dollar Can Exchange For Less Than N100 to $1 – Labour

Labour has proposed measures that could make the nation’s currency exchange below  N100 to US$1 and invariably return the country to the path of economic recovery.The United Labour Congress (ULC), at...

Army Issues Security Alert On Abuja Hotels

The Nigerian Army  said it has put new security measures in place to protect hotels and other national infrastructures and assets which are usually targets of terrorists in the Abuja. The security...

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