Nigerian newspapers review: Outrage greets EFCC’s freezing of Osun govt’s account
In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with the outrage that has greeted the Economic and Financial Crimes Commission's freezing of a bank account operated by the Osun State Government.
Naira rises to N1,555/$ in parallel market
By Elizabeth Adegbesan THE Naira yesterday appreciated to N1,555 per dollar in the parallel market from N1,570 per dollar last week Friday. But the Naira depreciated to N1,512 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the Naira […]
On my own platform, I suffer indignities – X owner Elon Musk laments
Tech billionaire Elon Musk has expressed frustration over being insulted on his own social media platform, X.
Adebanjo: Burial may hold May — Daughter
AS more tributes continue to pour in for the late Afenifere leader, Pa Ayo Adebanjo, one of his daughters, Mrs Adeola Azeez, yesterday,
Inflation rate, CBN’s monetary policies, others to drive stock market
AS Nigeria steps up efforts to implement its N54.9 trillion 2025 budget, experts have expressed fears that President Donald Trump’s energy policy, targeted at increasing oil output would impact the $75 per barrel target on which the budget is based, inflation and Diaspora remittances, among others.
Are ATMs going out of fashion in Nigeria?
Nigeria is a cash-driven economy. Yet, today, when cash is needed, the default option isn’t the bank’s ATM but the nearest Point-of-Sale, POS, agent. ATMs, once the backbone of convenience banking, now sit idle, often empty, gathering dust, while POS agents offer the only real alternative for cash withdrawals. In a cash-driven economy, ATMs have become […]
