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Buhari Won’t Devalue The Naira – Osinbajo

Champions of devaluation may have lost the battle following the Federal Government’s resolve to retain the naira value against the dollar. The naira currently exchanges...

Nimi Walson-Jack: Central Bank Of Nigeria, The Recession, And All Of Us

by Nimi Walson-Jack We the people and residents of Nigeria must have observed the lack of cash in the economy, increasing unemployment, absence of new...

It Gets Worse: Nigeria’s Foreign Debts Hits $11 Billion (DETAILS)

The Director-General, Debt Management Office, Dr. Abraham Nwankwo has disclosed that Nigeria’s external debt profile has risen to $11 billion  as at last week...

Emir Of Kano, Sanusi Secretly Marries 18-Year-Old Adamawa Princess

The Emir of Kano, Muhammadu Sanusi on Friday, September 25, 2015 has secretly married the 18-year-old daughter of the Lamido of Adamawa, Muhammadu Barkindo-Musdafa. Premium...

CBN Governor, Emefiele May Resign Over Buhari’s Order To Change Colour Of Naira

The Governor of the Central Bank of Nigeria, Godwin Emefiele may be reportedly considering the option of quitting his job at the country's apex...

Fuel Subsidy: FG Spent 221 Billion Without Appropriation – House Of Reps

The federal government spent N222.1 billion on fuel subsidy between January and July 2015 without approval from the National Assembly, despite the fact that...

Sobering: A Review Of Central Bank of Nigeria (CBN) Exchange Rate Policy (READ)

by Factz Guru The Central Bank of Nigeria on Tuesday, June 23, 2015 announced a new foreign exchange policy which excludes some imported goods and...

Buhari Backpedals, Exempts NNPC, PHCN, 11 Others From Treasury Single Account

The President Muhammadu Buhar-led Federal Government may have had a rethink about its decision to have a Treasury Single Account (TSA) for all Federal...

The 19 States That have Benefited From FG’s Bailout Funds [FULL DETAILS]

The Central Bank of Nigeria (CBN) on Friday, September 19, 2015 availed that 19 states have so far benefited from the workers’ salary bailout...

Naira Depreciates Despite CBN Intervention

The naira yesterday could not sustain the gains recorded on Wednesday, as it depreciated against the US dollar in the parallel market, closing at N222...

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