Presidency: Tinubu’s Economic Policies Will Shock FX Speculators, Dollar Hoarders
The Presidency yesterday, said the economic policies of the President Bola Tinubu’s administration and the Central Bank of Nigeria (CBN)…
Category: Finance
Naira Stable, Closes at N1000/$ on Parallel Market, Depreciates Marginally to N808/$ on I&E
The naira remained stable against the dollar on the parallel market where it exchanged at N1000 yesterday, same amount it…
BPP DG Advocates for Entrenchment of Integrity, Global Standard in Procurement Process
By Bukola Afeni The Director General (DG) Bureau of Public Procurement (BPP), Mamma Ahmadu, has urged the participants of 2023…
Zenith Bank Caps Stellar Q3 2023 Performance with Triple-digit Growth
Zenith Bank Plc has announced its unaudited results for the third quarter (Q3) ended September 30, 2023, recording a remarkable…
FG Plans New FX Rules in Hopes of Naira Reaching ‘Fair Price’ by End of 2023
Nigeria is planning to introduce new foreign exchange rules — including a crackdown on illegal currency trading — that it…
Forex crisis: Fed Govt to inject $10b in weeks
The Federal Government is taking steps to inject $10billion into the nation’s foreign exchange market to clear outstanding obligations on forward…
Obasanjo: Nigeria Can Overcome Forex Crisis by Exploring Non-oil Exports
Former President Olusegun Obasanjo, at the weekend, stated that Nigeria could overcome its foreign exchange (forex) crisis and dwindling value…
Tinubu Appoints New Auditor-General Of The Federation
By powers vested in him by Section 86 of the 1999 Constitution (Amended), President Bola Tinubu has approved the appointment…
Naira Weakens to N1,100 on Parallel Market as Dollar Supply Shrinks
The naira sustained its slide against the United States dollar yesterday, as it weakened to an all-time low on the…
IMF: Tinubu’s Policies Paving Way for Inclusive Growth
The International Monetary Fund (IMF) yesterday, applauded recent economic reforms such as fuel subsidy removal and unification of the exchange…