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Cardoso: Old Headmaster, New Taskmaster, by Abdulrahman Abdulraheem

Cardoso: Old Headmaster, New Taskmaster, by Abdulrahman Abdulraheem   The word 'Headmaster' has a reputation in Nigeria for being associated with a stern, tough, extremely disciplined, uncompromising and no-nonsense individual who people find difficult to break or bend and who will always insist on the right...

Interest Rate Hike Will Contain Inflation, Pressure On Naira – IMF

Interest Rate Hike Will Contain Inflation, Pressure On Naira - IMF   The International Monetary Fund (IMF) says the decision by the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) to increase the interest rate will help contain pressure on the naira. According to...

FG Earns N1.053trn From CBN’s OMO Auction

FG Earns N1.053trn From CBN’s OMO Auction   Investors showed an insatiable appetite for federal government’s securities at the weekend, as the Central Bank of Nigeria (CBN) successfully sold N1.053 trillion ($680 million) in short-term instruments as part of its liquidity management exercise. The CBN offered N500...

FG Earns N1.053trn From CBN’s OMO Auction

FG Earns N1.053trn From CBN’s OMO Auction   Investors showed an insatiable appetite for federal government’s securities at the weekend, as the Central Bank of Nigeria (CBN) successfully sold N1.053 trillion ($680 million) in short-term instruments as part of its liquidity management exercise. The CBN offered N500...

CBN Slashes Import Duty Forex Rate

CBN Slashes Import Duty Forex Rate   The Central Bank of Nigeria (CBN) has further reviewed downward the Customs Foreign Exchange duty rate from N1,630.159/$ to N1,544.081/$ on Monday, March 04, 2024. The slash which represents 5.3 percent follows the stability in the exchange rate of naira...

CBN Slashes Import Duty Forex Rate

CBN Slashes Import Duty Forex Rate   The Central Bank of Nigeria (CBN) has further reviewed downward the Customs Foreign Exchange duty rate from N1,630.159/$ to N1,544.081/$ on Monday, March 04, 2024. The slash which represents 5.3 percent follows the stability in the exchange rate of naira...