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Don’t Be Pressured Into Panic Borrowing To Defend Naira, Pat Utomi Warns Tinubu

As the naira depreciation worsens, Professor of Political Economy, Pat Utomi, has said that the panic approach of borrowing to tackle the country’s currency...

We’re working hard to tackle inflation, stabilize Naira, end insecurity – Nigerian govt

The Federal Government, on Sunday, said it is committed to bringing down inflation, stabilising foreign exchange rates, tackling insecurity, and creating a truly enabling...

Atiku Got It Wrong On NNPCL’s $3.3bn Crude Oil Prepayment Deal

In the past few days, there has been a lot of interest from the public and stakeholders regarding the Nigerian National Petroleum Company Limited...

Emirates, Etihad Airways Will Soon Announce Flight Resumption To Nigeria- Keyamo

The Minister of Aviation, Festus Keyamo has said that Emirates Airline and Etihad Airways will announce the date of its flight resumption to Nigeria...

Nigerian govt to introduce new FX rules, clamp down illegal trading

The Federal Government is set to introduce new rules for the foreign exchange market and also crackdown of illegal trading of currency by the...

‘Flour Millers Are Ruthless With Price’-Bakery Association Explains Why Bread Is Expensive

The Premium Bread Makers Association of Nigeria (PBAN) has explained why the cost of bread which sustains the average Nigerian family has risen by...

Racketeers determine who gets forex from CBN, demand commission —Erisco founder

The founder of Erisco Foods Limited, Eric Umeofia, has alleged that there are racketeers that determine who gets foreign exchange from the Central Bank...

CBN Will Tackle Impediments To Liquidity In Foreign Exchange Market- Cardoso

Following his confirmation as the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has said that the apex bank will do...

Expert Calls For Action As Finance Minister Blames Naira Crash On $6.8bn Overdue Payment

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun has blamed the depreciation of the naira on the country’s overdue foreign...

JUST IN: Newly Appointed CBN Governor, Cardoso Faces Fresh Hurdle As Naira Falls To All-Time Low Of N980 Per Dollar

The naira has depreciated to N980 per dollar at the black market ahead of the takeover of the Central Bank of Nigeria by its...

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