* Consumer price inflation rises to 12.9 pct yr-yr in June * Central bank expected to hold rates next week (Adds details, quote, background, changes headline) Nigeria’s consumer price inflation rose marginally in June, statistics showed on Wednesday, supporting expectations that the central bank will hold interest rates steady at […]
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Tension At SEC As staff Protest Arunma Oteh’s Return
Huhuonline.com can report a shutdown of activities at the headquarters of the Security and Exchange Commission (SEC) as staff defied the Wednesday downpour and blocked the entire building, following information that, embattled Director-General Arunmah Oteh, who was sent on compulsory leave would be resuming to take her position. The staff […]
Nigerian naira eases against U.S.dlr on strong demand
The Nigerian naira eased against the U.S. dollar on the interbank on Wednesday after large dollar sales by state-owned energy firm NNPC and at a central bank currency auction, failed to quell demand for the greenback. The unit closed at 161.10 naira to the dollar on the interbank after opening […]
