There were strong expectations yesterday that the benchmark interest rate will go up as the Central Bank of Nigeria (CBN) begins its two-day policy-decision...
President Muhammadu Buhari says Nigerians should appreciate massive borrowings by his regime because it provides resources to meet socio-economic needs of citizens.
“While citizen concern...
The Naira on Friday lost slightly to the dollar, exchanging at N436.33 compared with N436.32 on Thursday.
The open indicative rate closed at N433.83 to...
Over the past month, Nigeria’s commercial banks declared reduced limits on international transactions using naira debit cards to $20 per month.
It means Nigerians would...
The Central Banks of Nigeria, CBN has debunked reports that its Governor, Godwin Emefiele was sacked.
Several online media platforms particularly blogs had reported that...