Updates

Chronic forex shortage pushes naira to 445/dollar

27/9/2016/Punch Oyetunji Abioye The naira tumbled to 445 against the United States dollar at the parallel market on Monday, down from the 440 recorded on Sunday. The chronic dollar shortage hitting the economy took a new twist last Wednesday with the local currency dropping to 428 to the dollar after […]

A Hasty Auction of Nigeria’s Assets Would Short-Change Nigeria

Culled–Proshare September 26, 2016/Prof. Chukwuma Soludo I have just read the wide media coverage regarding the recommendations of the National Economic Council (NEC) as well as the Senate on the ways to reboot the economy out of the current recession. Times such as this require all brains at work and […]