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Tag - Currency


Business News Brief – August 06, 2015

PUNCH Senate summons CBN governor over naira depreciation The Senate on Wednesday passed a motion directing the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to appear before it to brief members on the state of the nation’s economy, especially the alarming naira depreciation.[Read More…] Unveil your economic plan now, LCCI urges Buhari …


Business News Brief – August 05, 2015

  LEADERSHIP Naira Drops to N225/$ As Dollar Demand Resumes After gaining value on Monday on the back of banks’ refusal to accept dollar deposits, the pressure on the naira resumed yesterday at the black market, selling at N225 to the dollar. The value of the naira had appreciated to N215 to the greenback, up …


Business News Brief – July 30, 2015

PUNCH FG to borrow N195bn via Treasury bills-The Federal Government is planning to sell N195.17bn ($981m) worth of three-month, six-month and one-year Treasury bills on August 5, the Central Bank of Nigeria has said.[Read More…] Oil worth $13.7bn stolen under NNPC, says NEITI-The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hajiya Zainab Shamsuna-Ahmed, …


Business News Brief – July 23, 2015

THISDAY Naira tops agenda as MPC meets Thursday – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), which commences its 245th meeting this Thursday is expected to take critical decisions that would determine the fate of the naira, which has been under intense pressure at the parallel market in the past …

fake richard mille
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