BUSINESS
‘High Petrol Price Could Spike Headline Inflation To 20%’ – J P Morgan
Meanwhile, President Bola Tinubu declared that petrol subsidy payments have ceased during his inaugural speech on May 29. Nigerian National Petroleum Company (NNPC) Limited instantly...
Naira To Appreciate, Settle At N600/$1 In Coming Months, Says JP Morgan
According to JP Morgan, an American global financial services organization, the naira is likely to strengthen and trade at around N600 per dollar in...
Tinubu Considers Extension Old Naira Notes Use
President Bola Ahmed Tinubu is thinking of extending the validity of old naira notes. The Central Bank of Nigeria (CBN) had redesigned the naira last...
President Bola Tinubu To Inaugurate National Economic Council Today
Today, President Bola Tinubu and Vice President Kashim Shettima will host the first National Economic Council meeting. The meeting will include the 36 state governors...
CBN Announces Operational Changes To FX Market
The Central Bank of Nigeria (CBN) would like to notify all authorized dealers and the general public of the following urgent modifications to operations...
CBN Floats Naira, Allowing Banks To Trade FOREX Freely
Nigeria has officially floated its naira currency after years of sticking with a hard peg that spooked investors and drained dollars from the economy. Sources...
My Position On Maintenance Of Moribund Refineries Not A Criticism Against Buhari — Gov. Sule
Nasarawa State Governor, Abdullahi Sule, has denied criticising former President Muhammadu Buhari for not making the nation’s refineries functional during his administration. In a statement...
Emefiele’s Humiliation Despite Keeping Economy Afloat Unacceptable — Agbor Indigenes
A community-based organization, Concerned Citizens of Agbor Initiative also known as Concerned Agbor Citizens, CAC, has condemned in strong terms the suspension and arrest...
DSS Confiscates Emefiele’s Passport, May Obtain Warrant For House, Office Search
The Department of State Services has seized the passport of the suspended Central Bank Governor, Godwin Emefiele. The service, it was also learnt, may obtain...
Quit Now, Abia Government Tells Umuahia Street Traders
Abia State government has asked traders operating at Ishigate at the centre of Umuahia, the capital to relocate to government approved markets immediately. The permanent...
