Weekly Newsletter
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@godwinemefiele
CBN refutes story on Forex arbitrage
…Forex exchange rates geared towards convergence not arbitrage By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank has dismissed the...
CBN maintains 14% interest rate to achieve financial system stability
By Chioma Obinagwam The Central Bank of Nigeria (CBN) for the 15th time, has left interest rate unchanged in its efforts to control...
World Bank reverses oil price forecast to $67 in 2019-2020
The World Bank now expects oil prices to average $67 a barrel this year and the coming year down $2 compared to projections...
Korea pledges collaboration with Nigeria
By Chioma Obinagwam The Republic of Korea has pledged to continue effective collaboration with Nigeria to ensure the nation attains its economic...
CBN supports Labour on minimum wage
Central Bank of Nigeria, CBN, has thrown its weight behind organised labour’s quest to increase the minimum wage, saying that it would...
Currency Mutilation: Offenders to face litigation, jail term
…CBN to introduce mobile courts soon By Chioma Obinagwam Mutilators of Nigeria’s currency notes, Naira, will soon come under litigation and face...
CBN says 41 items policy in line with economic nationalism
By Chioma Obinagwam The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has again said that the decision of the Bank...
FG faults IMF recommendation on taxes
By Chioma Obinagwam In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister...
CBN revokes Skye bank’s operating license
… Now Polaris Bank By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s Apex bank, has announced the revocation of Skye...
Don't Miss
Again Ikeja Electric customers experience frustration in recharging energy tokens
By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...