TOP NEWS Buhari’s reality check on floating the naira - Part 1 The adoption of a floating exchange rate by Nigeria on June 14 ,2016 was informed by similar challenges faced in the United States on June 2, 1929 when the U.S stock market crashed, triggering the Great Depression. Magnus Onyibe
Senate approves N241bn budget for NDDC, goes on three-week recess Azimazi Momoh Jimoh and Segun Olaniyi Abuja
Senate probes alleged diversion of N500b fund for power, aviation, SMEs Azimazi Momoh Jimoh and Segun Olaniyi (Abuja)
Naira crashes to N285 per dollar at interbank market Chijioke Nelson (Lagos) and Lawrence Njoku (Enugu)
CBN warns of imminent recession, retains interest rates Mathias Okwe (Assistant Business Editor) and Nelson Chijoke, Abuja