By Ubong Ukpong, Abuja The House of Representatives on Wednesday vowed that it would ensure transparency in the current Naira-for-Crude policy.The Speaker, Rt. Hon. Abbas Tajudeen,...
The Naira closed the week bullish on Friday, trading at N1,487.89 to the Dollar at the official market. According to Central Bank of Nigeria (CBN) data,...
By Uddin Ifeanyi About a week ago, the National Bureau of Statistics (NBS) released the inflation figures for last month. According to our official bean counters,...
The Nigeria Labour Congress (NLC) Lagos State chapter, has urged the Federal Government to prioritise selling crude oil to the Dangote Refinery in Naira. Lagos NLC...
By Samuel James, Abuja Several Nigerian Deposit Money Banks (DMBs) have restored the use of naira cards for overseas transactions, setting varying spending limits as the...
The Naira depreciated on Friday at the official market, trading at N1,602.18 to the dollar.Data from the Central Bank of Nigeria (CBN) website showed that the...
By David Torough, Abuja The Federal Executive Council has officially directed the full implementation of the suspended Naira-for-Crude agreement with local refiners. The Ministry of Finance,...
The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria (CBN) website showed that...
Operatives from the Lagos Directorate 1 of the Economic and Financial Crimes Commission (EFCC) have arrested two suspects for allegedly engaging in Naira abuse.EFCC’s spokesperson, Dele...
By David Torough, Abuja The Dangote refinery has announced that it is halting the supply of petroleum products in naira. This was contained in a statement...