Business - Page 430

Naira Appreciates To N869/$1 As Experts Debate Stability

FX Dealers Increase Dollar Rate In Official Channel, USD Trades At N754.5 In Black Market

The official market on Friday, 9 June, recorded a 0.6% decline in the value of the naira, as the dollar rate was up by N3, according to the FMDQ Exchange, the official

Fakoyejo Olalekan

June 12, 2023

Business·Oil & Gas

Fuel Subsidy Removal: Allow Private Investors To Set Up Modular Refineries – Utomi Urges FG

As reactions continue to trail the announcement of fuel subsidy removal by President Bola Tinubu, a Professor of Political Economy, Pat Utomi, has advised the Federal Government to grant licences to private

Victor Ezeja

June 12, 2023

Business·News·Oil & Gas

Fuel Subsidy Removal: 26 Actions Tinubu Govt Must Take – CPPE

To ensure inclusive, impactful and sustainable palliative measures on fuel subsidy removal, there are at least 26 things the Nigerian government must do in the immediate, short and medium term, according to

Editor

June 11, 2023

Business·Currency·News

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

How will the naira in the coming weeks respond to the goings-on in the Central Bank of Nigeria (CBN), given the suspension and eventual arrest of governor Godwin Emefiele? Lagos-based economic analyst, Razaq

Editor

June 11, 2023

Business·Opinion

Was There Ever Fuel Subsidy In Nigeria?

The military regime of Olusegun Obasanjo in 1977 promulgated the Price Control Decree (later Act). The law makes it illegal for some products (including fuel) to sell beyond government’s set prices. Remarkably,

MARCEL MBAMALU

June 10, 2023

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Business·FEATURES

Brief Notes On Past CBN Governors

Since the establishment of the Central Bank of Nigeria (CBN) in 1958, the country has had not less than 12 governors

Victor Ezeja

June 10, 2023

Tax Reform Bill: No Region Will Be Shortchanged, Shehu Sani Tells Northerners

Business·News

Emefiele Suspension: Engage Independent Auditors For CBN ‘House Cleaning’, Shehu Sani Tells Tinubu

Shehu Sani, has urged the Tinubu led-Federal Government to engage the services of independent auditors, to probe activities of the apex bank during Buhari's administration.

Victor Ezeja

June 10, 2023

FG Files 20 New Charges Against Godwin Emefiele

Business·Top Stories

Tinubu’s Suspension Of CBN Governor Sparks Controversy, Mixed Reactions

President Bola Tinubu’s surprising move to suspend Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), has sparked discussions on central bank’s independence and the transparency of the suspension process.

Somto Bisina

June 10, 2023

Business

6 Quick Facts About New CBN Acting Governor, Folashodun Adebisi Shonubi

Following the suspension of the Godwin Emefiele as Central Bank of Nigeria governor, President Bola Ahmed Tinubu has appointed Mr Folashodun Adebisi Shonubi as acting CBN Governor.

Victor Ezeja

June 10, 2023

Business·News

Polaris Bank Appoints New Members Of Leadership Team

Polaris Bank has announced the appointment of two new members of its executive leadership team. Chinwe Iloghalu joins the Bank as Executive Director, Lagos and Corporate Banking and Martins Izuogbe joins the

Victor Ezeja

June 9, 2023

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Business - Page 430

FX Dealers Increase Dollar Rate In Official Channel, USD Trades At N754.5 In Black Market

Fuel Subsidy Removal: Allow Private Investors To Set Up Modular Refineries – Utomi Urges FG

Fuel Subsidy Removal: 26 Actions Tinubu Govt Must Take – CPPE

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

Was There Ever Fuel Subsidy In Nigeria?

Brief Notes On Past CBN Governors

Emefiele Suspension: Engage Independent Auditors For CBN ‘House Cleaning’, Shehu Sani Tells Tinubu

Tinubu’s Suspension Of CBN Governor Sparks Controversy, Mixed Reactions

6 Quick Facts About New CBN Acting Governor, Folashodun Adebisi Shonubi

Polaris Bank Appoints New Members Of Leadership Team

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