Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail end-users at not more than N360/$1 for…
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Category: Economy
AMCON recovers N681bn debt – Ahmed Kuru
The Managing Director of the Asset Management Corporation of Nigeria (AMCON) has announced recovery of more than N681.5 billion from debtors in the last six years. Mr. Kuru who made…
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Stock Market: Time to Pick Cherries
[ABTM id=4963] . Telling people to buy shares in a falling stock market sounds like asking a sleepy market analyst to take an extra cup of coffee; a sure prescription…
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( Updated) CBN crashes dollar rate, pumps $185m into FOREX market
Chidi Samuel || The Central Bank of Nigeria(CBN), Monday continued its drive to shore up the value of the Naira against the dollar by directing banks to immediately begin the…
Read More ( Updated) CBN crashes dollar rate, pumps $185m into FOREX market
Senate begins investigation into N4trn revenue loss in Nigeria Customs
Chairman of the Senate Committee on Customs, Excise and Tariff, Senator Hope Uzodinma, has announced a probe into an alleged N4 trillion revenue leakage in the Nigeria Customs Service from…
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