The naira suffered a fresh slide both at the official and parallel foreign exchange markets on Friday. The national currency depreciated to on Friday N1,670/$ from...
Chief of Staff to the President, Mr. Femi Gbajabiamila, met behind closed doors with the National Security Adviser, NSA, Mallam Nuhu Ribadu, and some ministers at...
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar...
Drug prices are set to remain high in 2024 as import prices of pharmaceutical products may hit over N900bn due to the depreciation of the naira....
BY DR DELE SOBOWALE “Once to every man and nation comes the moment to decide, in the strife of truth and falsehood, for the good or...
The total domestic debt stock may have risen by 133.95 per cent to N51.96tn as of the end of 2023. This is based on new revelations...
The country’s external reserves fell by $520.22 in five weeks, figures obtained from the Central Bank of Nigeria revealed. According to CBN’s data on movement in...
The naira depreciated yesterday to N1,1200 per dollar in the parallel market from N1,172 per dollar on Wednesday. However, the naira yesterday appreciated to N843.07 per...
Prominent economist Bismarck Rewane said Nigerians are not interested in budgetary figures if the prices of basic commodities like rice, bread, and garri fail to go...
Investment Banker and Business Developer, Lai Omotola has blamed the continued decline in the value of the Naira against the Dollar on Nigeria’s decision to allow...