The Finance Minister added the Naira also continues to weaken against the dollar, increasing Nigeria's debt service obligations.
Read moreDetailsCBN has revealed it did not authorize Banks to collect old N500 and N1000 notes. This was disclosed in a...
Read moreDetailsThe rating agency also pointed out that the forex lent by Nigerian banks to the central bank could create further...
Read moreDetailsNigeria's dollar inflow dropped to a five-year low of $16.93 billion in the third quarter of 2022, a 43.9% fall...
Read moreDetailsEmeifiele said the long-term benefit to Nigeria is overwhelming and we should just give it a chance to work.
Read moreDetailsNasir El-Rufai urged citizens of the state to keep spending old naira notes citing the Supreme Court’s order that they...
Read moreDetailsHouse of Representatives, Femi Gbajabiamila, accused the FG of disregarding the Supreme Court order on the currency swap.
Read moreDetailsProfessor Wale Ajai said Nigerian business owners must adopt policies aligned with long-term strategic directions in order to survive tough...
Read moreDetailsNigeria’s President Muhammadu Buhari in a “new naira note” speech to the nation on February 16, 2023 approved the re-introduction...
Read moreDetailsThe Federal Executive Council has endorsed the Nigeria Agenda 2050 which aims to make Nigeria a high income economy by the...
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