12/3/2017/Sahara Reporters Unity Bank Plc has sued a limited liability company, Muhaabix Global Services, owned a former Niger Delta militant, Government Ekpemupolo (aka Tompolo), at a Federal High Court in Lagos to recover a debt of N5,320,953,095.40. Joined as co-defendants in the N5.3 billion debt recovery suit are two ocean-going […]
Money Market
CBN’s Intervention In Forex Market And The Need To Sustain A Policy That Works
12/3/2017/The Will In the past fortnight, the value of the naira has refreshingly risen against the United States dollar. This development is coming at a time many a stakeholder appear to have lost confidence in the recovery of the local currency with currency speculators going on overdrive. Against this backdrop, […]
Naira gains, trades at 455/dollar as Buhari returns
March 11, 2017/Punch Stanley Opara with agency report The naira traded at 455 to a dollar amid liquidity boost in the Bureau De Change and parallel market segments of the forex market on Friday. It was steady on both the official and black markets after President Muhammadu Buhari returned home […]
