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NAIRA (N) USD ($) EURO (€) GBP (£) BUY/SELL BUY/SELL BUY/SELL 8/4/2016 320/323.5 355/359 445/450 7/4/2016 318/322 355/360 445/450 6/4/2016 318/322 355/360 445/450 5/4/2016 318/321 355/358 445/452 4/4/2016 318/320 355/358 445/455   Friday, April 8, 2016 The Naira suffered more setback at the parallel market as fuel scarcity continues to linger nationwide. Also adding to […]

NAIRA (N) USD ($) EURO (€) GBP (£) CBN CBN CBN 8/4/2016 199 226 278 7/4/2016 199 227 281 6/4/2016 199 226 281 5/4/2016 199 226 283 4/4/2016 199 226 283  

NAIRA (N) USD ($) EURO (€) GBP (£) BUY/SELL BUY/SELL BUY/SELL 7/4/2016 318/322.5 355/360 445/450 6/4/2016 318/322 355/360 445/450 5/4/2016 318/321 355/358 445/452 4/4/2016 318/320 355/358 445/455 1/4/2016 318/321 355/358 445/455  

By Camillus Eboh ABUJA, April 7 (Reuters) – Nigeria’s President Muhammadu Buhari has received details of the long-awaited 2016 budget bill which he wanted to check before signing into law, his assistant said on Thursday, as lawmakers blamed delays on “sloppy” work by government officials. Buhari withdrew his original budget bill in January because of […]

NAIROBI, April 7 (Reuters) – Kenyan, Ghanaian and Zambian currencies are expected to gainground in the next week to Thursday, while Nigeria’s willweaken, traders said. KENYA Kenya’s shilling is seen firming after weakening onnews that the central bank said it had placed Chase Bank underreceivership for 12 months to protect depositors, creditors andthe public. At […]

Lagos (AFP) – Embattled Nigerian Senate president Bukola Saraki on Tuesday brushed off allegations of wrongdoing concerning his wife’s offshore assets revealed in the Panama Papers, as he went on trial in Abuja on fraud charges. Read the rest of the story on Yahoo.com

NAIRA (N) USD ($) EURO (€) GBP (£) BUY/SELL BUY/SELL BUY/SELL 7/4/2016 318/322 355/360 445/450 6/4/2016 318/322 355/360 445/450 5/4/2016 318/321 355/358 445/452 4/4/2016 318/320 355/358 445/455 1/4/2016 318/321 355/358 445/455  

NAIRA (N) USD ($) EURO (€) GBP (£) CBN CBN CBN 7/4/2016 199 227 281 6/4/2016 199 226 281 5/4/2016 199 226 283 4/4/2016 199 226 283 1/4/2016 199 226 286  

Goddy Egene As Nigerians continue to bear the brunt of the economic downturn and the debilitating cash squeeze in the country, the shareholders of two of Nigeria’s largest banks – Guaranty Trust Bank (GTBank) and Zenith Bank Plc – were able to smile yesterday when both banks held their respective annual general meetings (AGMs) on […]

Improving Nigeria’s infrastructure through prioritised investments will help to secure its long-term success as Africa’s largest economy, according to a new report by the Boston Consulting Group (BCG). The report which was released yesterday, to coincide with the opening of BCG’s new office in Lagos, identifies infrastructure, education, health, governance, and civil society as areas […]