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EFCC opens up on recovery of N32.7b, $445k recovery, says bank MDs involved in Humanitarian Ministry fraud

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Setting the Records Straight on Investigations of Humanitarian Ministry The Economic and Financial Crimes Commission, EFCC, has noticed the rising tide of commentaries, opinions, assumptions...
Business

Economy: Time for a Nigerian problem to have a Nigerian mind find a Nigerian solution

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By Yohanna Ibn Sarki I will like to draw our attention to the state of our economy and the need for us to jointly and...
Business

Floating the Naira is a bad idea

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WHY FLOATING THE NAIRA IS NOT A GOOD IDEA. By Kola Asatola Asanike* The idea of floating naira/USD and concurrently removing fuel subsidy is one of...
Business

CBN collapses all forex windows into one as Naira dips marginally

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The Central Bank of Nigeria (CBN) has effectively unified all segments of the foreign exchange (forex) market collapsing all previous windows into one, a...
Business

At last, CBN obeys Supreme Court order, directs banks to receive old N200, N500, N1000 notes

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As first disclosed by former Central Bank of Nigeria (CBN) governor and sitting Governor of Anambra State, Prof Charles Soludo , the CBN has...
Uncategorized

Soludo says Emefiele told him banks will deal on old notes as state govts ignore Buhari, face CBN, AGF

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Knowing full well where the problem lies for the Supreme Court order on retention of old Naira notes, some state governments have directed their...
Business

News Flash: Supreme Court reverses Buhari, keeps old N200, N500, N1,000 notes in circulation to year’s end

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The Supreme Court has ordered that old N200, N500, and N1,000 notes remain in circulation till December 31, 2023, also declaring that the Federal...
News

Naira swap: APC, governors appeal to Buhari, says he is aware of hardship, calls for further patience

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A meeting called by the leadership of the All Progressives Congress (APC) and attended by its presidential candidate, Bola Tinubu, 12 governors and two...
News

Naira controversy: Buhari acted on wrong advice – Keyamo

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President Muhammadu Buhari's Minister of State for Labour and the spokesperson for the All Progressives Congress Presidential Campaign Council (APC-PCC), Festus Keyamo, has said...
Business

How Obasanjo backed Naira change, but warned against poor implementation – Presidency

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The Presidency has disclosed how former President Olusegun backed the controversial Naira redesign policy but warned that the implementation was its undoing. Presidential spokesman, Mr....
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