The Central Bank of Nigeria (CBN) has reassured bank customers that their deposits are safe. The regulator stated in strongest terms that speculations of distressed…
Oil vandals killed dozens at two communities on the outskirts of Lagos last month. Residents fled their homes after soldiers swooped in to quell the…
A lot has happened over the past 2 weeks the Nigerian FX market. First, the CBN released revised guidelines for the operation of the Nigerian…
Professor Wole Soyinka has called on President Muhammad Buhari to consider the report of the 2014 National Conference convened during the tenure of President Goodluck…
People talk about political earthquakes. The UK’s decision to end its relationship with the European Union is not so much an earthquake, just for Britain,…
The naira finally strengthened against the dollar, notching up its first gain less than a week after starting to trade without a peg, as the…
History will be made today when commercial banks set the first exchange rate of the naira versus the dollar as our currency floats freely. Reuters…
The CBN has finally let go of pegs on the naira, allowing the market forces to determine the true value of the local currency against…
President Muhammad Buhari on Monday travelled to the United Kingdom to spend a 10 day vacation and also attend to his health. According to his…
President Muhammadu Buhari on Thursday backed off a proposed trip to Rivers State for the kick-off of the cleanup of Ogoni, delegating Vice President Yemi…