Nigeria’s naira hits record low of 980 per dollar on official market -RefinitivÂ
October 17, 2023 Nigeria’s naira hit a record low of 980 per dollar on the official market on Tuesday, Refinitiv data showed, mirroring weakness on the parallel market, as persistent…
CBN Governors and policy priorities, by Arize Nwobu
The Central Bank of Nigeria (CBN) was established by the CBN Act of 1958 and commenced operation in 1959. The current legal framework within which the CBN operates…
Dollar crisis and exchange rate volatility, by Arize Nwobu
Crisis time is the time for creative thinking and solution evolution. There is a dollar crisis which has severely impacted the value of the Naira. But some economy watchers believe…
Exposed: Real Reasons Some Senators Are Plotting Akpabio’s Ouster
Fresh details on the agitation against President of the Senate, Godswill Akpabio emerged over the weekend with the revelation that the disaffection on committee appointments was only diversionary. The…
Konga Yakata, biggest sales event of the year, goes live Thursday
November 10, 2021 Expectation is at fever-pitch levels for Konga Yakata, Nigeria’s biggest sale of the year which goes live on Thursday, November 11 and ends on Sunday, December 12,…
N20bn bailout fund: Make your findings public, Kogi challenges EFCC
Still brimming with confidence, Kogi Government has challenged the Economic and Financial Crimes Commission (EFCC) to make public, report of its investigations on the purported N20 billion bailout fund fraud….
KongPay leads Paypal, others in e-commerce transactions
OCTOBER 5, 2021 KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, has been identified as the leading provider of digital payment services for e-commerce transactions in Nigeria. The rating…
Who is after Godwin Emefiele, by Ahmed Abdulkadir
September 14, 2021 Central Bank of Nigeria, CBN, in recent years always gets the denigration when the economy dithers. It’s becoming a pattern. And the man in the maelstrom of…
ANALYSIS: STIMULATING DOLLAR AND ENERGETIC INFLOWS, BY ARIZE NWOBU
Creative and innovative policies help to drive economic growth and development. Crises spur critical thinking and creativity whereby new and useful ideas and policies are developed for the overall success…
Insight: Buhari, Emefiele spark Nigeria’s rice revolution
The recent celebration of the 5th anniversary of the Anchor Borrowers’ Programme (ABP) in Kebbi by the Federal Government spearheaded by the Governor of Central Bank of Nigeria (CBN), Mr….