Naira Recovers To N405/$1 After CBN Monetary Policy

The Nigerian naira dramatically recovered on Wednesday to 405 per dollar, less than 24 hours after the Central Bank of Nigeria CBN monetary policy committee (MPC) meeting. In Abuja, the naira is currently trading between…

Diezani Forfeits $153m To FG

Breaking: Diezani Forfeits $153m To FG

Former Nigerian oil minister, Diezani Alison-Madueke temporarily forfeited $153.3 million to the Nigerian government today. This was sequel to an order by a Federal High Court in Lagos. The seized money, according to the Economic…

Fayose Gets N8.8b Paris Loan Refund

Fayose Gets N8.8b Paris Loan Refund

Although the Ekiti State Governor, Ayo Fayose regularly bashes the Federal Government, the financial solvency of the state has depended largely on the Buhari presidency which recently approved an N8.8b share of the Paris loan…