Naira to Continue Gain on Dollar Supply to BDCs The naira is expected to appreciate further this week following the Central Bank of Nigeria’s approval of...
Dangote Buys Gas Firm in the Netherlands The management of Dangote Industries Limited on Sunday announced that it had completed the acquisition of Twister BV, a...
Banks Suspend ATM Card Usage Abroad Deposit Money Banks have begun suspending their Automated Teller Machine cards (debit and credit) from working overseas as dollar scarcity...
Forex Weekly Outlook October 17-21 The US dollar gained against most of its counterparts last week, despite the consumer confidence index (87.9) falling to a year...
From Nigerian Economic Summit, a Path to Development The 22nd Nigerian Economic Summit (NES #22), organised by the Nigerian Economic Summit Group, in collaboration with the...
StarTimes Unveils Combo Decoder In a move to improve the pay TV landscape in Africa and offer surplus entertainment access to subscribers, StarTimes recently unveiled the...
Why CBN Retained FirstBank as Sole Forex Dealer to BDCs It’s anybody’s guess how FirstBank Nigeria Limited was able to win the confidence of the Central...
Releasing Funds to Contractors Will End Recession The Federal Government has said it is investing massively in road construction, public housing and other infrastructure as part...
Direct Crude Sale Saves Nigeria N102.6bn By putting an end to the crude-for-products exchange arrangement, popularly known as crude swap, Nigeria was able to save N102.6bn...
External Reserves Hit 11-year Low of $24.21bn The country’s external reserves have hit an 11-year low of $24.21bn, according to the latest data from the Central...
