Monday, August 8, 2022

Godwin Emefiele

August 6, 2022

EFCC to arrest Nigerians who keep their dollars

The anti-graft agency claimed it had intelligence that some Nigerians were stockpiling foreign currency.

Abdulrasheed Bawa
August 2, 2022

EXCLUSIVE: CBN to sell Polaris Bank for N40 billion to Auwal Gombe, IBB’s in-law, after rescuing it with N1.2 trillion

Godwin Emefiele and other wheeler-dealers could squeeze more for Nigerians by advertising the bank rather than a secret sale that would benefit only those conducting the backroom talks.

Godwin Emefiele, Polaris Bank and Auwal Abdullahi Gombe
July 30, 2022

These last months of Buhari are like a badly written horror movie

Why would the president of a country who supposedly gets periodic security updates from all security agencies not know that terrorists publicly vowed to abduct him?

July 27, 2022

Naira crashes to N710 per dollar

Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to bureau de change operators.

July 21, 2022

Naira falls to N645 per dollar

Under the governorship of Godwin Emefiele, the Central Bank of Nigeria has failed to mitigate the national currency’s free fall.

Dollar and Naira
July 20, 2022

Naira slumps to N630 per dollar

Listings on the platform showed the naira which exchanged for N620 as at Monday, now trades at N630 against the dollar on Wednesday afternoon.

July 19, 2022

RT200: CBN says FX repatriation hits $2.9 billion in June

The RT200 Non-Oil Export Proceeds Repatriation Rebate Scheme aims to increase the country’s foreign reserves by 200 billion in foreign exchange earnings.

Foreign currencies
July 19, 2022

CBN increases MPR again to fight soaring inflation

MPR is the baseline interest rate in an economy from where every other interest rate used within the economy derives.

CBN governor, Godwin Emefiele
July 18, 2022

Naira crashes to N620 per dollar

The figure represents a 0.8 percent depreciation from the N615 it traded the previous week.

Dollar and Naira
July 18, 2022

Zenith Bank announces 7th annual trade seminar on non-oil export

The forum would allow all participants, including relevant government agencies, to explore ways to unlock the immense opportunities in Nigeria’s Non-Oil Export Sector.

Zenith bank branch