News Analysis

“Forex Traders Worried as Naira-Dollar Exchange Rate Hits N1000/$1; US Fed Reserve Signals Prolonged Monetary Tightening”

The exchange rate between the naira and dollar, quoted at approximately N1000/$1 on Wednesday evening, has raised concerns among forex traders due to the...

JUST-IN: CBN Postpones MPC Meeting Indefinitely

The Central Bank of Nigeria (CBN) has announced the postponement of the bi-monthly meeting of its Monetary Policy Committee (MPC) indefinitely. CBN director of corporate...

Countries Can Tap Tax Potential to Finance Development Goals

Emerging market and low-income economies have a significant untapped tax potential of 8 percent to 9 percent of GDP Emerging markets and developing economies need...

“Unifying Nigeria’s forex rates will create macroeconomic stability to attract investment, Adeyemo Says

“Unifying Nigeria’s foreign-exchange rates will create the kind of macroeconomic stability that is essential to attracting foreign investment,” Deputy Treasury Secretary Wally Adeyemo...

Court Orders Tinubu administration To Stop Nigeria’s $418m Paris Club Refund Payment

Court Halts Notes Redeeming Efforts The Federal Government has made moves to block the redemption of about 62 promissory notes issued to consultants/contractors engaged by...

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