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What CBN did to Oceanic bank and Cecilia 

“I went directly to Aso Rock, where I had always been welcomed before. But this time, the reception was different. The staff who would normally rush to usher me in ignored me completely”

Naira depreciates to N1,585/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1, 585 per dollar in the parallel market from N1,580 per dollar last weekend. But the Naira appreciated to N1,533 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 […]

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