…Forex exchange rates geared towards convergence not arbitrage By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank has dismissed the report alleging foreign exchange
By Chioma Obinagwam The Central Bank of Nigeria (CBN) for the 15th time, has left interest rate unchanged in its efforts to control inflation, which is currently
The World Bank now expects oil prices to average $67 a barrel this year and the coming year down $2 compared to projections from June last year,
By Chioma Obinagwam The Republic of Korea has pledged to continue effective collaboration with Nigeria to ensure the nation attains its economic development goals. Ambassador of
Central Bank of Nigeria, CBN, has thrown its weight behind organised labour’s quest to increase the minimum wage, saying that it would boost the economy. CBN
…CBN to introduce mobile courts soon By Chioma Obinagwam Mutilators of Nigeria’s currency notes, Naira, will soon come under litigation and face jail terms as the
By Chioma Obinagwam The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has again said that the decision of the Bank to restrict access to
By Chioma Obinagwam In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said
… Now Polaris Bank By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s Apex bank, has announced the revocation of Skye Bank of Nigeria Plc
By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank, has said it injected $210 million into the inter-bank Foreign Exchange (Forex) market to ensure