In a recent report, analysts from Goldman Sachs, a leading global investment bank, predicted that the…
Category: Finance
Key Steps Nigeria Took Last Week to Save Naira
Nigeria’s naira has been navigating turbulent waters across both official and unofficial markets in recent weeks,…
US Dollar Supply Surges by 51% in Forex Market as Naira Records Gains
Wednesday witnessed a remarkable surge in US dollar supply turnover at the official foreign exchange market,…
‘Emefiele Left Economy in a Mess’ – Akpabio
Senate President Godswill Akpabio has delivered a scathing indictment, asserting that the former Central Bank of…
CBN Unveils Comprehensive Strategy to Tackle Forex Crisis, Assures Nigerians – Cardoso
In the face of mounting challenges posed by the scarcity of dollars, the Central Bank of…
CBN Clears Payment of Forex Backlog for Foreign Airlines Amid Naira Free Fall
In the face of the Naira’s alarming descent, the Central Bank of Nigeria (CBN) has taken…
No Permission for CBN to Print Money – Bagudu
In response to the fiscal challenges looming over the 2024 national budget, the Federal Government (FG)…
Northern Elders Firmly Reject CBN’s Proposal to Relocate ‘Key Departments’ to Lagos
The Northern Elders Forum (NEF) has voiced its strong opposition to the reported intentions of the…
FG Initiates $1.5bn Loan Pursuit to Fortify Naira and Bolster Budget
In a move to address the severe dollar shortage contributing to the decline of the naira,…
Dangote, Bua, Banks, and the Specter of Chaos
In the unfolding drama of financial upheaval, one cannot help but recall the sage words of…