The Leader of the Senate, Ali Ndume, on Tuesday said senators voted against President Muhammadu Buhari’s request for $29.9bn foreign loan due to technical issues. Briefing newsmen shortly after plenary,…
Read More Why Senate rejected Buhari’s $29.9bn loan request – Ndume
Chidi Samuel The plan of President Muhammadu Buhari to revatilise Nigeria’s ailing economy though external borrowing suffered a set back as the senate Tuesday voted to reject the President’s request…
Read More Senate rejects Buhari’s plan to borrow $29.96bn loan request
Ebun Francis For many Nigerians who are being lured by the prospect of quick and easy money,the Central Bank of Nigeria on Monday warned them against patronising what it called…
Read More CBN warns against patronage of ‘Wonder banks’
The Naira on Monday in Lagos appreciated marginally against the dollar at the parallel market, gaining N2. The currency exchanged at N468 to the dollar as against N470 it traded…
Read More Naira appreciates against the dollar
Ebun Francis About 30% of Nigeria’s forex spending is for the importation of premium motor spirit(fuel) according Mrs Kemi Adeosun, the minister of finance. The minister disclosed this in Lagos at…
Read More 30% of forex spent on fuel import – Adeosun