Samuel Nwite
AUTHOR: Samuel Nwite
Central Bank of Nigeria (CBN) Introduces FX Verification System Portal for Importers
The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal, according to a statement issued by the...
Naira Appreciates to N860/$1 As the Effect of NNPCL’s $3bn Loan Kicks In
Naira has maintained its gain from Wednesday, when it appreciated to N890 per dollar at the parallel market, gaining over N70 - buoyed by...
Nigerian Government Gives N5bn Each to 36 States for Subsidy Palliatives
The federal government has introduced a N5 billion relief package for every state within the federation, as well as the federal capital territory (FCT),...
The Hypocrisy in Oshiomhole’s “Tinubu Inherited Terrible Economy” Statement
The former Chairman of the All Progressive Congress (APC) Adams Oshiomhole has attributed Nigeria’s current economic crisis to the past administration led by President...
NNPCL Secures Emergency $3bn Loan From Afreximbank to Boost the Naira
The Nigerian National Petroleum Company Limited (NNPCL) has announced that it has jointly signed a commitment letter and Termsheet with the Trade Finance Bank...