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Friday, April 20, 2018
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Experts predict high inflation rate in coming months

Two financial experts on Monday said that the 2018 single-digit inflation target of the Central Bank of Nigeria (CBN) would not be feasible, due...

CBN lifts forex market with $210m

The Central Bank of Nigeria (CBN) has provided fresh $210 million to meet customers’ requests in various segments of the foreign exchange market. The apex...

Central Bank weakens naira to 307 per dollar

Nigeria’s Central Bank on Monday weakened the naira marginally, selling dollars at N307 each for the first time on the official interbank market, in...

Emefiele predicts $40bn external reserves, stronger naira in 2018

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the nation’s external reserves will rise to $40 billion in 2018 to give...

MMM in Nigeria hits restart button

Popular ponzi scheme MMM has officially announced a “RESTART” of the system, leaving many Nigerian participants wailing with thousands and millions of Naira trapped...