EXPOSED: How CBN Prevents The Value Of Naira To Appreciate Against The US Dollar

One of the major reasons why the Central Bank of Nigeria has prevented financial institutions in the country from paying United States dollars to persons receiving money from friends and family members based overseas has been uncovered. According to documents seen by SaharaReporters, the apex bank, which has refused to disclose the exact foreign remittances it […]

Unifying Exchange Rate Will Lead To Further Devaluation Of The Naira—Sanusi

At the AZA  Webinar hosted by AZA Africa’s biggest non-bank currency broker some of the most critical aspects of Africa’s debt relief implementation was discussed. Here is closing remarks by former Central Bank of Nigeria Governor and the 14th Emir of Kano Mohammad Sanusi II, said. He also kicked against spending cut and raising taxes.  […]

Zenith Bank Emerges As The Best Bank In Nigeria In Global Finance World’s Best Banks Awards

Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. Published in the May 2020 edition of the Global Finance Magazine, the awards was based on the performances of the banks in their respective regions and countries over the […]

Check Out Top 10 Richest People In Nigeria…5 Are From Yorubaland

Nigeria, the giant of Africa, is well-known for its rich natural resources, ethnic groups, culture, weather and bilateral relationships with other countries. Amusingly, it is also a nation of many wealthy individuals including some of the richest in Africa. After careful and diligent research, here are the top 10 richest Nigerians and their estimated net […]

Meet Aliko Dangote’s Daughter Who Is Also Making Waves Just Like Him

Aliko Dangote is currently the richest man in Africa. He is a Nigerian businessman and philanthropist. Alhaji Aliko Dangote is the chairman and the founder of ‘Dangote Group’ which is an industrial conglomerate in Africa. Aliko Dangote was born on April 10, 1957 into the family of Mohammed Dangote and Hajia Mariya Sanusi Dantata in […]

President Buhari Raises Request For Fresh #850billion Loan, Seeks Senate Approval

President Muhammadu Buhari has asked the Senate to approve his request to raise a fresh loan of N850 billion to fund some projects in the 2020 budget. He made the request in a letter read by the Senate President, Ahmad Lawan, on Tuesday on the floor of the upper chamber of the National Assembly in […]

EYC Distributes Palliatives To The Poorest Of The Poor, Aged And Widows As It Receives Support From IIMSAM And International Organisation For Humanitarian Relief

AFRICA NEEDS AFRICANS NOW MORE THAN EVER; EYC DISTRIBUTES PALLIATIVES TO THE POOREST OF THE POOR, AGED AND WIDOWS AS IT RECEIVES SUPPORT FROM IIMSAM AND INTERNATIONAL ORGANISATION FOR HUMANITARIAN RELIEF EYC PRESS STATEMENT Protocols, The current global pandemic now endemic in Africa, COVID-19, calls for serious concerns and support for the needy. Especially at […]

COVID-19 Lockdown: US Oil Prices Plummet To Lowest Points In 22 Years

US oil prices plummeted to their lowest points in 22 years on Monday as crude storage facilities filled up swiftly in the face of falling demand triggered by the coronavirus pandemic. The May contract of US West Texas Intermediate (WTI) futures dropped 42% to $10.52 a barrel. The May contract expires on Tuesday, making it vulnerable to […]

COVID-19 Lockdown: “Suspend ATM, Mobile Transfer And Electricity Charges”- PDP To CBN

The Peoples Democratic Party (PDP) has called for the suspension of charges for use of ATM cards and low amount mobile fund transfers during the COVID-19 lockdown. PDP made the call in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, on Sunday in Abuja. It stated that the suspension of such charges should […]