External Reserves Sink To Five-Month Low Of $43.67bn
…plunge by $1.23bn in 29 days The nation’s foreign exchange reserves have dropped to a five-month low of $43.67bn, losing $1.23bn in 29 days, latest data obtained from the Central…
Document Shows Business History Of P&ID, Which Wants Nigeria’s $9 Billion
The British company that got a $9 billion judgement against Nigeriahas a history of business dealings in Nigeria, a court document seen by our correspondent shows. The P&ID is the British…
$9.6b Judgment Debt: Contract Designed To Fail-AGF, Finance Minister, CBN Governor
The Attorney-General of the Federation and Minister of Justice, Mallam Abubakar Malami (SAN) has said the gas contract which led to a $9.6billion judgment against Nigeria, was designed to fail.…
CSJ Urged Buhari To Direct CBN To Stop Forex For Food Imports
A Nigerian knowledge institution, Centre for Social Justice, CSJ, has called on President Muhammadu Buhari to rescind his directive to the Central Bank of Nigerian, CBN, to stop issuing forex…
CBN Injects $210m Into Forex Market
By Lukman Amusa The Central Bank of Nigeria ’s Director, Corporate Communications Department, Mr Isaac Okorafor said it has injected the sum of 210 million dollars into the foreign exchange…
Excess Oil Revenue: CBN Urged FG To Save For The Raining Day.
By Lukman Amusa The central bank of Nigeria (CBN) has urged the federal government to save for the raining day due to the crude oil price rising steadily above benchmark…
CBN Says Nigeria Records 57.1 PMI Points As At February
The Central Bank of Nigeria (CBN), said the Manufacturing Purchasing Managers’ Index (PMI) stood at 57.1 index points as at February, indicating an expansion in the manufacturing sector for 23…
CBN Introduce Cybersecurity Guidelines For DMBS, PSPS
Online fraud and identity theft have gradually become one of the biggest cybersecurity menaces faced by banks and financial institutions today. Against the devastating financial impact of cybercrime, the Nigerian…
Conspiracy Theories, Allegations Attempting To Explain Why INEC
Eniola Olayemi Nothing best explains the anticlimax that occurred on election morning at exactly 2:45a.m. Than a deflated balloon. Like a pin punched to a balloon, chairman of the…
INEC Condemns Report Of Ballot Papers In Politicians’ Possession
Eniola Olayemi Independent National Electoral Commission (INEC) has condemned the report that some politicians are in possession of ballot papers to be used in the postponed elections. In…
