Central Bank of Nigeria

Opinion

A Clash Between True Federalism, Clumsy Leadership

MANY Nigerians sorrowfully misconstrue the supposed looting spree that characterised the successive Nigerian...

International

Some of Africa’s Currencies Struggled In 2016

From a fall in Zambia’s Kwacha blamed on halted mining production to a plummet of Nigeria’s naira due to a chronic...

Opinion

The Population That Gets Experts Cracked

Odimegwu Onwumere writes that health challenges among Nigerians are increasing as the growth in population is...

Opinion

A.K.A. Many Miseries Multiplied

THE MEANING OF MMM - In truth, MMM is a Ponzi scheme. Wikipedia defines a Ponzi scheme as “a fraudulent investment...

Opinion

War Against Corruption

It is evidently unfortunate that certain sections of the media – print, social, broadcast – have been collaborative...

International

Nigeria Domestic Airlines Seek $50m Grant From CBN’s Forex Window

Domestic airline operators in the country have appealed to the Central Bank of Nigeria (CBN), to allot the local...

Top Stories

First Lady, Lordina Should Advise Her Husband

First lady, Lordina should advise her husband The NDC Government in one breath says it wants to make life meaningful...

Opinion

First Lady, Lordina Should Advise Her Husband, Mahama

The NDC Government in one breath says it wants to make life meaningful for ordinary Ghanaians. In another breath, it...

International

Dangote’s Company Sacks 48 Staff

Nigeria’s economic recession seems to have hit the Dangote Group, owned by Africa’s richest man, Aliko Dangote. The...

International

Nigeria Grants Forex Concession To Airlines

The Central Bank of Nigeria (CBN) has granted airline operators in the country a special foreign exchange (Forex)...

Opinion

Taxation Battle Over Multinational Companies Non-Compliance

“Sadly, the compliance level of the oil and gas exploration and production companies in payment of levies and taxes...

International

World Bank, Others To Release $1.3bn For Nigeria’s Development Bank

World Bank, others to release $1.3bn for Nigeria’s development bank In line with its determination to revive the...

International

Emirates Rejects Naira In Payment For Flight In Nigeria

Emirates rejects naira in payment for flight in Nigeria Emirates Airlines has rejected the Nigerian currency, naira,...

International

Nigeria Forex Crisis and Unfinished Naira-Yuan Swap Deal

Barely five months after a currency swap deal between Nigeria and China was enmeshed in controversy, the country’s...

Opinion

WorldRemit Commends Restoration of Money Transfers To Nigeria

WorldRemit (www. WorldRemit.com/en/Nigeria), the leading digital remittance service, commends the restoration of money...

Opinion

Nigerian Banks Suspended From Forex Market, Seek Truce

Lagos (AFP) - Nine Nigerian lenders banned this week from foreign exchange trading for failing to remit some oil money...

International

Nigeria Reserves Fall To $19bn As Non-Oil Exports Drop By 43%

The Central Bank of Nigeria’s portion of the foreign reserves fell to $19.44 billion as non-oil exports fell by over...

International

Economy of Nigeria Is In Comatose

Former governor of Central Bank of Nigeria (CBN), Prof. Charles Chukwumah Soludo yesterday said the economy is in deep...

International

Why John Kerry Paid A Visit To the Sultan of Sokoto In Nigeria

When a top-ranking American diplomat visits Nigeria, one might imagine that their first destination would be the...