………………….Apex court to rule March 3 The Supreme Court of Nigeria refuses to rule on the naira redesign suit.....dashing hopes By Ademola Adeleye There is no respite yet for Nigerians after the Supreme Court on Wednesday adjourned ruling over the case instituted by some states government over naira redesign policy ...
By Admin Nigerians especially the ones on social media were aghast this morning when the wife of the Nigerian president, Aisha Buhari posted on her verified Facebook and Instagram accounts a press release purportedly from the Central Bank of Nigeria (CBN), to the effect that the old N200, N500 and ...
Oshiomole: In the eye of the storm By Admin In a bizarre turn of events, Governor Godwin Obaseki of Edo State has ordered the arrest of his predecessor, Adams Oshiomhole, over his alleged role in a protest that led to the destruction of banks and the death of no fewer ...
Godwin Emefiele: Is Naira redesign a political ploy? By Eloho Igbru President Muhammadu Buhari is not giving up on his failed naira redesign policy after he challenged the decision of the Supreme Court yesterday to suspend the banning of the old naira as medium of exchange after the February 10, ...
By Ademola Adeleye The Naira is sliding back from the land of the dead against the dollar at the parallel foreign exchange market following increased liquidity on Wednesday. Operators of Bureaux De Change (BDC) operators, in Abuja said the naira is now N825 to a dollar. This is a marginal ...
By InfactNG As the Naira continues its unstoppable downward spiral, operatives of the Economic and Financial Crimes Commission (EFCC) on Friday raided the Wuse Zone 4 bureau de change centre in Abuja. It is unclear if the action has the blessings of the governor of Central Bank of Nigeria (CBN), ...
By Admin Will the tide ever stop? This was the question on the lips of financial analysts as the Naira continues its downward spiral against the Dollar and other world currencies. The value of the Naira again fell by 1.68 per cent against the dollar at the official market on ...
