Saturday, 13th August 2022
Breaking News:


8 Aug
With Nigeria battling high inflation, the Chinese Yuan swap deal can be reactivated to fight the menace, experts have advised.
1 Aug
The Association of Bureaux De Change Operators of Nigeria (ABCON) has cautioned the Federal Government against policies that can worsen the impact of upward inflationary trend on the populace.
31 Jul
The National Youth Council of Nigeria (NYCN) has blamed the poor economic management policies of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for the recent free-fall of the Naira. The Naira within the week depreciated to an all-time low of ₦730 to a U.S dollar at the parallel market. President of…
CBN governor Emefiele
30 Jul
The Central Bank of Nigeria (CBN) has urged Nigerians and the economic community not to succumb to the speculative activities of some players in the foreign exchange market.
24 Jun
The Naira on Friday appreciated at the Investors and Exporters window, exchanging at N420.12 to the dollar, a 0.01 appreciation against N420.17 traded on Thursday.
22 Jun
The Naira on Tuesday appreciated at the Investors and Exporters window, exchanging at N420.27 to the dollar, a 0.25 per cent appreciation against N421.33 traded on Monday.
1 Jun
The Naira on Wednesday exchanged at 419 to the dollar at the Investors and Exporters window, compared to 419. 50 on Tuesday, representing 0.12 per cent appreciation.
28 May
Dealing in new naira notes is a lucrative venture that has made a number of people rich, yet it is an illegal enterprise prohibited under the Central Bank of Nigeria (CBN) Act, 2007.
16 May
The continuous and seemingly unending depreciation and instability of the naira vis-a-vis the United States dollar and other foreign currencies have been a source of continual worry
5 May
For the first time in 22 years, the Federal Open Market Committee (FOMC), a rate-fixing committee within the Federal Reserve System, has raised the interest rate by 50 basis points, as a continuation of its aggressive effort to rein in inflation.
25 Apr
The Naira exchanged at 417.30 to the dollar at the Investors and Exporters window on Monday, representing a -0.25 per cent appreciation, compared to N418.33 to the dollar recorded on Friday.
22 Apr
The Central Bank of Nigeria (CBN) has foreclosed the possibility of adopting a clean float foreign exchange management approach as long as the supply shock remains.


15 mins ago
The nation’s top female media practitioners will converge in Lagos on September 1, 2022, at the prestigious Lagos Centre for Commerce and Industry (LCCI) Conference Center, Alausa Ikeja, for the 2022 Women in Media Conference and Awards.
15 mins ago
Medical Doctor and lactation consultant, Chinny Obinwanne-Ezewike, has said it is cheaper to invest in breastfeeding, which helps especially pre term, low birth weight, and vulnerable babies adding that yearly, Nigeria looses billions of naira to illnesses that arise.
16 mins ago
A new television programme, Dynamic Pageant Reality Show, that will reward the winner with N10 million and a brand new car has been unveiled in Lagos.
16 mins ago
The Senior Pastor of Grace Nation Int’l, Dr. Chris Okafor has said that restructuring should start from the church. He also cleared the air on the recent reshuffling in his ministry, saying: “It was long overdue,” adding that the church needs to be cleansed periodically.
20 mins ago
Actress and TV host, Nancy Isime, has been unveiled as the new brand ambassador for Viva detergent, a flagship product of Aspira.