The Minister of State for Petroleum Resources, Mr. Ibe Kachikwu , yesterday, assured Nigerians that the fuel crisis that appears to be crippling the nation’;s economy...
One of the three deputy governors of the Central Bank of Nigeria is currently on suspension for being involved in ‘a sophisticated plot’ to defraud the...
Speaking with Daily Trust on Friday night, the Senior Special Assistant to the Vice President on Media and Publicity, Mr Laolu Akande revealed that Buhari’s economic...
Nigeria’s foreign exchange reserves has risen for the first time in five months and the second time since President Muhammadu Buhari assumed office. According to the...
You’d think the Nigerian Central Bank is an independent body away from the influence of the Presidency… For the upteenth time, President Buhari has once again...
The Manufacturers Association of Nigeria (MAN) has renewed its appeal to the Central Bank of Nigeria (CBN) to remove some items from the foreign exchange restriction...
The Central Bank of Nigeria (CBN) says autonomous sources such as exporters and correspondent banks now control the price of dollars in banks and the Bureau...
Nigeria’s naira weakened to a record 345 to the dollar on the parallel market on Monday, increasing pressure on the government to devalue the official exchange...
Detectives are questioning former President Goodluck Jonathan’s ex-Aide-De-Camp (ADC) on the disbursement of more than N10 billion oil proceeds to Peoples Democratic Party (PDP) nomination convention...
The Central Bank of Nigeria has placed Overseas School fees and Medical Tourism on its Foreign Exchange Prohibitive list. Nigerians who intend to travel abroad for...
Nigeria’s President Muhammadu Buhari erased any doubt about who is in charge of currency policy in Africa’s biggest economy — to the detriment of the central...
Nigeria’s external reserves dropped to about $28.2 billion as at Friday January 29th 2016 according to data available on the website of the Central Bank of...
