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20 Jun
I didn’t know that those like me who are clamouring for a paradigm shift in our political leaders don’t mean well to the country. How would I have known
16 Dec 2019
The Monetary Policy Committee which is mandated “to facilitate the attainment of the objective of price stability and support the economic policy of the Federal...
26 May 2019
The Bauchi State Police Command has arrested 43 suspected criminals for possession of counterfeit United States of America Dollars, hooliganism and drugs. According to the State Commissioner of Police, Habu Sani, eight of the suspects had been charged to court, while 35 are currently in custody undergoing investigation. The newly posted CP paraded the suspects…
12 Mar 2019
I have used the title “Winning within the System” before in a column I wrote for the National Concord of September 29, 1983. But I have no hesitation in using the title again because it bears repetition. The subject of today’s homily is the same selection abracadabra and how we have fared since then. During…
25 Feb 2019
The Association of Bureaux De Change Operators of Nigeria (ABCON), at the weekend, took up a campaign to alert the public on the security investigations over fake $100 bills, allegedly imported from India into the country.    ABCON President, Dr. Aminu Gwadabe, who disclosed the development to financial journalists after the group’s National Executive Council…
7 Nov 2018
An average price of $80 a barrel for this quarter is “realistic,” with spikes to $90 or even $100 possible if further disruptions worsen a supply crunch amid rising consumption, Citi’s Global Head of Commodities Research, Ed Morse, said Tuesday. Benchmark Brent crude topped $85 early last month on concern United States sanctions on Iran…
29 Oct 2018
Commentary on the foreign exchange (FX) market with data for the week-ended October 29, 2018. ▪The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) Dollars in the FX market, offering $100.00 million via a Single Secondary Market Intervention Sales (SMIS) - Wholesale auction held during the week-ended October 26,…
14 Oct 2018
The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than building foreign reserve buffers. Emefiele told newsmen on Sunday that this was part of the outcome of the Nigerian delegation’s meetings with investors and institutions at the International Monetary Fund (IMF)…
3 Sep 2018
Commentary on the foreign exchange (FX) market with data for the week-ended August 31, 2018. ▪The Central Bank of Nigeria (CBN) intervened through its periodic supply of United States (US) Dollars in the FX market, offering $100.00 million via a Single Secondary Market Intervention Sales (SMIS) - Wholesale auction held during the week-ended August 31,…
27 Jun 2018
“Your notes are mutilated, we don’t accept this money. It must be without any dent,” the Russia bank cashier told The Guardian when he wanted to change his dollars to roubles. The usual practice in Nigerian banks is to stamp any dollar purchased by their customers to indicate they are legitimate. But In Russia, such…
3 Jan 2017
The report, the other day, that available local raw materials are now either being exported or sold to domestic manufacturers in foreign currencies should be of interest to all stakeholders.
3 Jun 2016
Brent crude prices held at about 50 dollars a barrel on Friday as sign that the oil market was moving back to more balanced supply and demand.

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