Mrs Adeosun explained that this was so because the CBN had put in place measures to stimulate more supply of dollars to deal with its shortage in the market.
Armed with placards carrying various inscriptions, the members of the UAD called on the president to act fast before citizens who voted for him die in pains.
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The International Monetary Fund (IMF) has projected that Nigeria’s gross domestic product (GDP) will grow by 0.8 percent in 2017 and 2.3 per cent in 2018.
Among other things, Chief Nnia Nwodo, the new Ndigbo leader expressed optimism that Igbo land can become the envy of Nigeria by competing favourably with China.
Heritage Bank has reportedly embarked on mass retrenchment of staff as a result of the economic recession according to reports from News Agency of Nigeria.
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The Nigerian Naira on Monday, January 16, has stayed low at the parallel market as dollar scarcity continues but Nigerians have been urged to remain calm.
The project had taken off and that when fully operational, the nation would be spared the huge forex spent in the importation of the heavy duty vehicles.
In 2017, African economies are set to experience a turn around in 2017 if the economic experts are to be believed. This economies have experienced upheaval.
Former governor of Abia state, Dr Orji Uzor Kalu, has given advice to President Muhammad Buhari on how to lift the country out of the economic recession.
Despite pressures, President Muhammadu Buhari has refused to send the name of Walter Onnoghen to the National Assembly for confirmation as the CJ of Nigeria.
The Family Homes Fund a financing solution to Nigeria’s housing challenges, notably the 17 million deficit in housing provision for households in the country.
The federal government has announced plans to become the world largest producer and exporter of cocoa in a move to stop the over-dependence on crude oil.
For those whose money was locked up in the unannounced closure of the Ponzi scheme MMM last year December, the news of reopening is a source of joy to them.
The International Monetary Fund said the challenges around foreign exchange in Nigeria have pushed inflation to double digits in Africa’s largest economy.
The U.N.’s much-publicized forecast that Nigeria will overtake the United States as the world’s third-most populous nation by 2050 will likely happen soon.
A pressure group known as Nigerian Wailers had this week started an online campaign on its Twitter page tagged #OccupyCBN against the Central Bank of Nigeria.
The Internally Displaced Pensioners have since set up a camp in the state demanding that they be paid the backlogs of their arrears and other entitlements.
Disengaged officers of the Nigerian Customs, declared that Nigerians were yet to be told of the evils which are perpetrated against personnel from the South.
Naira on Friday afternoon, January 13 stayed unchanged against the major foreign currencies at the parallel market as CBN get set to resume dollar sales to BDCs
The Nigerian Naira on Thursday, January 12, crashed further at the parallel market, edging closer to a landmark 500 units per dollar as speculated last year.