Devaluation after Undervalue Naira Tantrum Confused FX Speculators Currency speculators have rough days in the foreign exchange market following exchange rate unannounced exchange rate swings at the official market. The…
Naira Settles at N1435 after 24Hrs FX Sell Down Update The Nigerian naira settled at N1435.53 following the apex bank notice to deposit money banks to reduce their net foreign…
Fitch Affirms Cote d’Ivoire at ‘BB-‘ With Stable Outlook Fitch Ratings has affirmed Cote d’Ivoire’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘BB-‘ with a Stable Outlook. According to…
AFCON 2023: I was Undecided About Giving Pass, Simon says Super Eagles and FC Nantes of France winger, Moses Simon, said he was undecided either to pass the ball to…
No Plan to Convert Domiciliary Account Holdings into Naira –CBN The Central Bank of Nigeria (CBN) has denied a plan to convert US dollar domiciliary accounts to naira, according to…
EU chief diplomat warns of danger of escalation in Middle East The European Union’s foreign policy chief Josep Borrell has warned of a further escalation of tensions in the Middle…
Jigawa Govt. to spend N1.4b on Graveyards, Mosques The Jigawa Government on Friday approved over N1.4 billion for the construction and renovation of mosques across the state. The sum will…
Trump Trial on Election Fraud Charges to Start Later than Planned The start date for former U.S. president Donald Trump’s trial for attempted election fraud has been pushed back. The…
EU Invests €1.5m in Wildlife Conservation in Cross River The European Union (EU) has invested 1.5 million euros for the preservation of Cross River’s wildlife, an official has said. Ms…
FG to Set up Committee on Drop in Power Supply-Minister. The Minister of Power, Mr Adebayo Adelabu says the Federal Government is to set up a committee to resolve power…