Tag: Forex

Garba Shehu to PDP: ‘Apologise within 72 hours or face lawsuit’

The Senior Special Assistant on Media and Publicity to President Muhammadu Buhari, Garba Shehu, has threatened to file a lawsuit against the Peoples Democratic Party for falsely accusing him of…

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2,000 Nigerian workers to get sacked over government’s forex policy

Foreign airlines are reportedly planning to sack about two thousand Nigerian workers, owing to their inability to transfer money to their home countries to meet operational costs because of the…

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Joachim McEbong: Blame Buhari’s bad forex policy for PDP’s accusations

A few hours ago, the @PdpNigeria Twitter handle began to tweet accusations that the Interior Minister, Abdulrahman Dambazzau, the First Lady, Aisha Buhari, the Chief of Staff, Abba Kyari and…

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Garba Shehu blasts ‘psychopath’ behind PDP’s Twitter account

Senior Special Assistant to the President on Media & Publicity, Garba Shehu has threatened to sue the 'psychopath and coward' behind the Twitter account of the Peoples Democratic Party. The…

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Opinion: 8 times President Buhari messed up

A lot of us had at least one people's 'Bros' around us while growing up.If he wasn't family, then he was a neighbour or family friend. 'Bros' always greeted everyone…

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Ben Bruce points out the hypocrisy in denying forex to Nigerian students abroad

Senator Ben Murray-Bruce has criticised President Muhammadu Buhari's decision to deny forex access to Nigerians studying abroad. President Buhari made the statement during an interview he had with Al Jazeera…

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‘Naira, IGR’ | I have the master plan, and no one has approached me – Ifeanyi Ubah

Chairman, Capital Oil and Gas Limited, Ifeanyi Ubah, who says he has the master plan to bring the naira back to about N200 to a dollar in the space of…

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Ezekwesili

Oby Ezekwesili: Mr President, ideologies don’t deliver results for the poor

In this first of a three-part article, my aim is to get President Muhammadu Buhari to reevaluate his obvious discomfort with the workings of a market economy and change; so…

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IMF to Buhari: ‘Remove restriction on access to forex’

The International Monetary Fund (IMF) has urged President Muhammadu Buhari to remove the restrictions around Nigeria's foreign exchange policy. The Fund advised that Nigeria's exchange rate should be allowed 'to…

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Opinion: What investors should do in this period of high volatility, falling naira and no forex

The National Bureau of Statistics recently released the inflation data for January 2016, and contrary to expectations from analysts, it stayed flat at 9.6%. The 9.6% recorded is well above…

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Abdulsamad Rabiu: Fixing the Nigerian economy… beyond forex or naira devaluation

The Nigerian Dream, if there ever were such a notion, is facing its greatest challenge in recent times. With a less than one year old government in place with an…

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‘There’s no ban on forex for school fees, medical bills’ – CBN

The Central Bank of Nigeria has stated that, at the moment, there is no ban on the allocation of foreign exchange for the payment of medical bills abroad and school…

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‘No going back on CBN forex policy’ – Saraki

Senate President, Bukola Saraki has reaffirmed the senate's support for the policy of the Central Bank of Nigeria, CBN to exclude some imported goods and services from the list of…

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Bayo Oluwasanmi: Okey Ndibe’s false bias, Buhari’s corruption war and the unknown Nnamdi Kanu

“So, the fight is on two levels: one, directly against corruption and the second is that you are going to prepare for a counter attack. That is where we are…

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Olawale Joseph Aderibigbe The FOREX Con Man Behind The Ife Ojikutu a.k.a @RoyalAmebo Twitter Scams

She died and virtually everyone who knew her was in pains. I knew her pretty well and had taken to her. She was a huge source of encouragement and inspiration.…

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Ugodre Talks Figures: How to avoid taxes in Nigeria

by Ugodre You know what they say; tax is the only constant thing in life along with rain. The Nigerian tax law provides several means by which one can avoid…

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$37.5 billion: Nigeria’s foreign reserves rise by 7 percent

by Lekan Olanrewaju According to information on the CBN website, Nigeria's foreign exchange reserves have risen by seven percent to $37.534 billion. The bank has stated that one of its key…

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