Tag: 2023

Banks reduce forex sales as scarcity persists
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Manufacturers suffer scarcity as politicians buy dollars for primaries

As the naira continues its free fall against the dollar, manufacturers in the country have lamented the worsening scarcity of the United States currency, saying their inability to get the forex they need and the excessive delay in getting the little available are killing their businesses. However, findings revealed that the scarcity, which has driven […]

100% cashless economy possible in Nigeria - Emefiele
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Emefiele must resign to preserve CBN’s credibility – Experts

Economic experts at a local think-tank, the Centre for the Promotion of Private Enterprise, have urged the Governor of the Central Bank of Nigeria to resign in order to preserve the integrity, credibility, independence, neutrality, and professionalism of the apex bank. They said the partisan disposition of the CBN governor had cast doubts over the […]

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I’ll make Nigeria investment haven if elected President -Ohuabunwa

A Peoples Democratic Party presidential aspirant, Sam Ohuabunwa, says he will transform Nigeria into an investment haven if elected. Ohuabunwa, the Convener of the New Nigeria Group, made the promise on Saturday during an interactive session with newsmen in Umuahia. “My aspiration to govern Nigeria has been a burden I have carried for more than […]