Chidi Samuel For the second time in as many months, the Central Bank of Nigeria (CBN) were compelled to disclose to Nigerians, that it does not sell forex to individuals.…
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Category: Economy
Why we blocked Ekiti funds – FG
Ebun Francs Following the visit of Ekiti State Governor, Ayo Fayose to the Ministry of Finance yesterday to demand the release of the State’s January allocation from the Budget Support…
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(Updated) Court orders final seizure of Diezani’s $153m
A federal high court sitting in Lagos, presided over by Justice Muslim Hassan, has ordered the final forfeiture of $153 million allegedly linked to Diezani Alison-Madueke, former minister of petroleum. In…
Read More (Updated) Court orders final seizure of Diezani’s $153m
CBN released $2.8bn to manufacturers, others in two months
Chidi Samuel In its efforts to ensure that manufacturers of goods for which Nigeria does not enjoy comparative advantage were able to get letters of credit to import the required…
Read More CBN released $2.8bn to manufacturers, others in two months
Zenith, GTB ‘highest rated banks’ in Nigeria -Fitch
Chidi Samuel One of the world leading rating agencies, Fitch, Wednesday rated Zenith and Guaranty Trust Bank (GTB) highest in Nigeria even as it downgraded the rating of both institutions and…
Read More Zenith, GTB ‘highest rated banks’ in Nigeria -Fitch