By FELIX OLOYEDE The demand for dollars by businesses that have obligations to settle abroad and the dearth of inflows into Nigeria have intensified pressure in...
By JULIUS ALAGBE Nigeria’s Gross Domestic Product, GDP, growth rate for 2019 of 2.27 percent released by National Bureau of Statistics, NBS, is an indication that...
The news of the first Coronavirus case in the country propelled the Nigerian equity market to record the highest weekly loss in 10 months this week...
…as massive government borrowing is anticipated By FELIX OLOYEDE Despite currently being the best performing equity markets globally, exchange foreign pressure and slow economic growth may...
The Central Bank of Nigeria (CBN) would likely increase the number of items it bans from accessing foreign exchange from its official window in the new...
By JULIUS ALAGBE Take away tax credit benefit in 2017, Seplat account would have been negative. Except for financial year 2014 and 2017, the oil exploration...
The Naira depreciated marginally against the dollar at the Investors and Exporters foreign exchange window on Tuesday. The local currency which open $/N363.00, traded high at...
The value of Nigerian local currency was up marginally against the dollar at the Investors’ & Exporters’ Foreign Exchange window on Monday, despite increasing capital flight...