The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange market. The CBN, in its…
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Category: Economy
Nigeria overtakes India in world’s extreme poverty ranking
Nigeria has overtaken India as the country with the largest number of people living in extreme poverty, a new report by the World Poverty Clock has said. According to the…
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OPEC agrees modest hike in oil supply after Saudi, Iran compromise
By Emeka Ejere OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls…
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OPEC edges closer to raising oil output as Iran softens opposition
By Emeka Ejere OPEC edged closer on Thursday towards raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price…
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National Assembly mutilated the budget – Buhari
By Emeka Ejere President Muhammadu Buhari has said that the National Assembly mutilated and rewrote the budget proposals for 2018 as proposed by the Executive last November. The National…
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