CBN slashes BDC exchange rate to N1, 036.3/$

The Central Bank of Nigeria, CBN, yesterday for the second time in two months, slashed the exchange rate in the Bureaux De Change, BDC,   segment of the forex market by 7.2 per cent or N81.2 to N1,036.3   per dollar even as it commenced another round of dollar sale to 1,583 eligible BDCs.
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Yahaya Bello’s arrest evasion

ON Wednesday, April 17, 2024, a show of shame to our democracy and disgrace to Nigeria was played out on live television when the immediate past Governor of Kogi State, Yahaya Bello, conflated a web of intrigues to evade arrest by the Economic and Financial Crimes Commission, EFCC, operatives.  The Commission had obtained an arrest […]

FG assures savings groups support, financial inclusion

…CSOs demand acceleration of financial, economic inclusion By Gabriel Ewepu ABUJA – THE Federal Government, Tuesday, assured savings groups support and financial inclusion to boost economic growth and development and lift Nigerians out of poverty. The assurance was made by the Vice President, Senator Kashim Shettima, in an address titled ‘The Role of Savings Groups […]

Ex-NDDC Administrator, Udom bags ICAN award of excellence in A’Ibom

FORMER Interim Administrator of the Niger Delta Development Commission, NDDC Dr Effiong Akwa and the immediate past governor of Akwa Ibom State, Mr. Udom Emmanuel have been conferred with award of excellence for outstanding services by the Institute of Chartered Accountants of Nigeria, Uyo and District Society.

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