Foreign Investments Inflow To Capital Market Falls To N16bn
The foreign investment in the Nigerian Exchange dipped by about 9.73 per cent in January to N15.78bn compared to N17.48bn in December 2023.
According to the latest Domestic and Foreign Portfolio Investment...
Four Weeks After Production Take-off, Marketers Await Dangote Fuel
Oil marketers, on Monday, declared that they were still awaiting the supply of refined petroleum products from the $20bn Dangote Petroleum Refinery, four weeks after the launch of production at the...
Operator to Tinubu: Ban Dollar Cash Transactions To Save Naira
The Group Managing Director of CFL Group, Lai Omotola, has urged President Bola Tinubu to sign an executive order prohibiting dollar cash transactions to save the naira from further depreciation.
Omotola...
CBN Sells Over $300m To Banks As Naira Gains
The Central Bank of Nigeria (CBN)has over $300m to Deposit Money Banks in the last two weeks amid desperate efforts to stabilise the naira-dollar exchange rate.
The Association of Corporate Treasurers of...
Financial Management: Efficient Oversight of Defence Sector Remains Sacrosanct - Experts
Poor welfare, inadequate training, greed, inexperience, corruption, power-drunk, indiscipline, substance abuse, poor monitoring, and poor recruitment process are contributory challenges to operational efficiency and financial management in the Defence...
How a Dollar Can Exchange for N160 in Nigeria, by Prof. Ahmed Adamu
The recent free fall of the Naira, plummeting from N460 to a staggering N1,600 at the official rate, has cast a dark shadow over Nigeria's economic landscape....
