…as BUA cement lead in industry profitability By ADEBAYO OBAJEMU The global pandemic has taken its toll on businesses and the economy in general. The cement...
The shortage of dollar in Nigeria deepened, causing the Naira to depreciate further to N477/$ at the parallel foreign exchange market on Wednesday from N475 the...
By UCHE CHRIS For some personal reasons, I had refrained from delving into Nigeria’s most economic headache – the value of the naira. As a financial...
Adebayo Obajemu According to the Central Bank of Nigeria, the value of loans given to the private sector by Nigerian banks rose by N3.5 trillion –from...
By EMEKA EJERE and FELIX OLOYEDE Economic analysts are jittery that the continuous fall in the value of naira, with no end in sight, may be...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has said the country’s Gross Domestic Product (GDP) will contract by 1.03 percent in the second quarter...
On Thursday August 6, 2020 the Central Bank adjusted the rate of exchange from 361 to 380 to the dollar. While the rate at the parallel...
Former Central Bank (CBN) governor, Sanusi Lamido Sanusi has advised the the Central Bank of Nigeria (CBN) to fund Bureau De Change (BDC) segment of the...
By FELIX OLOYEDE When Mr. Abiodun Oladapo, Chairman, Comtrade Group, first travelled abroad in 1987, he exchanged a dollar for N3.00, but if he was...