A financial expert, Uche Uwaleke, says the current size of Net Foreign Exchange Reserves at $23.11 billion will positively impact the value of the naira. Mr Uwaleke, a professor of Capital…
Read More $23 billion net foreign exchange reserve expected to stabilise exchange rate
EcoBank Plc has asked the Federal High Court in Lagos to temporarily restrain Otudeko Obafemi Adedamola, the son of Oba Otudeko, and others, including the Corporate Affairs Commission (CAC), from…
Read More EcoBank asks Court to restrain Otudeko’s Son and others from selling 6.3 billion shares
The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has officially taken over the reins of the company from his predecessor, Mr.…
Read More Ojulari takes over from Kyari at NNPC
International Monetary Fund’s managing director, Kristalina Georgieva, has expressed concerns over new U.S. tariffs, calling them a major risk to the global economy amid ongoing economic sluggishness. She expressed the…
Read More U.S. tariffs pose significant threat to Nigeria’s economy, others, IMF warns
Our reporter/ The Central Bank of Nigeria (CBN) has disowned a circular claiming it has introduced two new denominations—N5,000 and N10,000 notes. The apex bank described the circular as “fake”…
Read More Circular introducing new ₦5,000, ₦10,000 notes is fake – CBN