Nigeria’s biggest manufacturing body has lobbied the central bank to sell dollars directly to its members, bypassing commercial lenders as it looks to counter...
Foreign exchange (forex) speculators from Benin Republic, Niger, Chad, Sudan, Ghana and other African countries are cashing in on the wide margin between the official...
When Nigerian President Muhammadu Buhari came to power in May vowing to mend the economy, fight terrorism and end corruption, Kola Karim was upbeat....
Some of the suspects implicated in the $180million Halliburton bribery scandal are likely to be retried following fresh evidence, The Nation reports. Also Wednesday,...
The Naira yesterday suffered its biggest daily depreciation against the dollar as the exchange rate rose to N345 per dollar in the parallel market, Vanguard reports. This...
The Governor of Edo State, Adams Oshiomhole, on Thursday in Lagos defended the Federal Government’s refusal to devalue the naira. Oshiomhole said, while delivering...