By Law Mefor President Bola Tinubu recently declared that he should be included in the Guinness Book of Records for having the guts to remove fuel subsidy on his first day in office—something that no ...
The long-awaited credit support seeks to ameliorate the acute FX shortage in the country which has constrained economic activities and doused investors’ confidence.Also earlier in December, President ...
Operatives of the Economic and Financial Crimes Commission (EFCC) are currently at the Lagos head office of the Dangote Group. They are conducting a search on forex allocations to the company during t...
The President Bola Tinubu-led Nigerian government has stated that the immediate past Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, would have been killed by a firing squad if it happe...
The Central Bank of Nigeria (CBN) has stated that Nigerians aspiring to secure admission to foreign universities spent about $340.84 million on application fees between January and June 2023. The figu...
We have sold forward FX contracts so some of our future FX earnings are encumbered. Essentially, some of the FX we are yet to earn does not belong to us. Under the infrastructure tax credit scheme, so...
By Ogaga Ariemu President Bola Tinubu has appointed Dr Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN) Cardoso is to serve a term of five years in the first instance, ...
A South African businessman, Johann Rupert, has displaced Nigerian billionaire and founder of the Dangote Group, Aliko Dangote as Africa’s richest man as a result of the depreciation of the Nair...
In a statement released by its spokesperson, Obiorah Ifo, the party called on President Bola Tinubu to investigate the Independent National Electoral Commission (INEC) and not the apex bank. The party...
