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Finance & Economy
CBN sells dollars to BDCs @N1,251/$1 as naira regains strength
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs), informing them that it has…
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News
BINANCE EXECUTIVE, NADEEM ANJARWALLA, ESCAPES FROM LAWFUL CUSTODY WITH SMUGGLED PASSPORT
ABUJA , 25 March 2024 – The Office of the National Security Adviser confirms that Nadeem ANJARWALLA, a suspect in…
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Brands
FBNH: When the Profit Engine is Obsolete
Despite the supersonic jump in its profit in 2023 financial year,FBNH only translates to less than N20 every N100 revenue …
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News
Lagos police arrest 4 for faking kidnap, demanding N5m ransom
The operatives of the Lagos State Police Command have arrested no fewer than four suspects for allegedly faking abduction in…
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Finance & Economy
N30trn Ways and Means Probe: How Emefiele signed billions of naira in 13 places – Panel
“The Committee of Governors ought to be the signatory to the ways and means account, but in the document we…
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Leaders
Senator Ningi and the ‘Underground’ Budget
Since the conclusion of my ‘missionary journey’ to Aso Rock almost 14 years ago, I have written more than a…
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Brands
Dangote Sugar Refinery Plc FY 2023 Result: A Walk on Troubled Waters
According to the United States Department of Agriculture, global sugar production increased to 183.46mmt (million metric tons) in 2023 from…
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Finance & Economy
CBN clears remaining valid FX backlog as external reserves rise by $993 million
The Central Bank of Nigeria (CBN) has announced the complete clearance of the valid foreign exchange backlog. This significant achievement…
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Finance & Economy
Naira strengthens to N1400/$ on the parallel market as speculators sell
Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell marking a significant…
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Finance & Economy
Naira face U.S Fed test as Nigeria FX market show short term stability
A litmus test of the naira’s stability will be in play when the Federal Reserve makes it interest rate decision…
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