Economy
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Naira grossly undervalued – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso says the Naira is grossly undervalued. Cardoso…
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Suspicious $26bn passed through Binance Nigeria in one year – Cardoso
THE Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has said nothing less than $26 billion was…
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Minimum capital is undercurrent for fast, prompt complaints resolution, says PenCom
The National Pension Commission (PenCom) says the pension industry has in place an integrated assembly line that has incorporated vast…
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Soaring Inflation, Hardship: CBN has no option than to tighten Monetary Policy – Rewane
The Chief Executive Officer of the Financial Derivatives Company, Bismarck Rewane, says the Central Bank Monetary Policy Committee will have…
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Tinubu sets up tripartite economic advisory committee
President Bola Tinubu has set up a tripartite economic advisory committee in what he described as part of his efforts…
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Hardship: Bread producers threaten shutdown
Bakers Association of Nigeria has threatened to shut down production of bread if their demands are not met within in…
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Obi faults harassment of BDC operators, says they’re not the cause of the dollar rise
The main opposition voice and the Labour Party Presidential Candidate in last year’s general election, Peter Obi has advised government…
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Forex Crisis: EFCC, CBN should clamp down on Binance, other crypto firms — Tinubu’s media aide
Special adviser to the president on information and strategy, Bayo Onanuga has urged the Central Bank of Nigeria (CBN) and…
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Invalid $2.4bn forward contract puts manufacturers, commercial banks in a fix
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso told the National Assembly that the apex bank had…
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Naira to slump further, likely to lose 35 per cent of value this year — IMF
The International Monetary Fund (IMF) has warned that the country’s exchange rate may depreciate further by about 35 per cent…
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