The controversial Emir of Kano, Muhammad Sanusi, on Tuesday said that unfavourable economic policies by the Buhari administration is leading Nigeria into bankruptcy. Sanusi who spoke at a workshop organised…
Read More Buhari’s policies pushing Nigeria to bankruptcy- SanusiBy Emeka Ejere The Central Bank of Nigeria said another recapitalisation of the nation’s banking sector has become imperative as the depreciation of the naira between 2004 when the last…
Read More Why fresh banks’ recapitalisation has become imperative –CBN
The Central Bank of Nigeria (CBN) on Monday disclosed that the country’s external reserves now stand at 45 billion dollars as at June, 2019. The CBN Governor, Mr Godwin Emefiele,…
Read More External reserves stand at $45bn as at June – CBNThe Governor of Central Bank, Godwin Emefiele, on Monday presented the Monetary Policy roadmap for his 2019-2024 new term in office. Making the presentation at the CBN headquarters for the…
Read More UPDATED: CBN Gov unveils 2019-2024 policy directionOil prices extended gains Monday as rising US-Iran tensions fuelled supply concerns, while Asian equities also edged up ahead of a crunch meeting between Donald Trump and Xi Jinping this…
Read More Oil prices rise on US-Iran concern