Francis Abel 
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says that for the first time in a long while, Nigeria’s volume of transactions in the exchange market rose to $800 million. He stated this while addressing members of the House of Representatives at the sectoral debate on the economy. “We are not a … Read more
The naira appreciated at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official window, on Monday. Naira rose by 1.06 percent to close at N1,419.86 to a dollar — from N1,435/$ recorded at the close of trading last Friday. According to data on FMDQ Exchange, a platform that oversees official FX trading in Nigeria, … Read more
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has explained that the move to relocate departments and personnel in the bank’s headquarters in Abuja to other branches is due to “overpopulation”. Cardoso spoke on Monday during an interview on Arise Television. When asked if the CBN headquarters is over-populated, Cardoso said: “It is over-populated” adding … Read more
Central Bank of Nigeria (CBN) Governor Yemi Cardoso stated that the apex bank uncovered $2.4 billion in invalid foreign outstanding claims, which are squeezing the naira and causing anxiety in the currency market. Cardoso confirmed this in an interview with Arise Television on Monday. According to Cardoso, this was discovered during an audit by the … Read more
Owning a car provides a sense of freedom and convenience, allowing you to navigate through life’s twists and turns with ease. However, with this independence comes the responsibility of protecting yourself, your passengers, and your vehicle from the unexpected. Car insurance, a mandatory requirement in most places, serves as a crucial shield in the unpredictable … Read more
Nancy Pelosi Biography Nancy Pelosi is a well-known American politician who has served as the Speaker of the United States House of Representatives for two non-consecutive terms. Pelosi was born on March 26, 1940, in Baltimore, Maryland, and is the only woman in American history to have held the position of Speaker of the House. … Read more
Nancy Pelosi Biography Nancy Pelosi is a well-known American politician who has served as the Speaker of the United States House of Representatives for two non-consecutive terms. Pelosi was born on March 26, 1940, in Baltimore, Maryland, and is the only woman in American history to have held the position of Speaker of the House. … Read more
The automotive industry is a vast landscape of innovation, engineering prowess, and diverse consumer preferences. With countless car brands vying for attention, determining the best and worst can be a subjective journey influenced by a myriad of factors. In this blog post, we’ll embark on an exploration of the automotive realm, delving into what makes … Read more
As our loved ones age, ensuring they have the right health insurance becomes increasingly crucial. Selecting the appropriate health coverage for senior parents involves careful consideration of their unique healthcare needs, budget constraints, and the ever-evolving landscape of healthcare policies. In this guide, we will walk you through the essential steps to make an informed … Read more
The naira, on Wednesday, crossed the N1,500 mark at the parallel section of the foreign exchange (FX) market. The value of the naira fell to N1,530 against the dollar an all-time low in the parallel market. This is a 4.08 percent decline compared to the N1,470/$ reported the previous trading day. Currency traders, also known … Read more