March 1, 2016/The Will Most of the governments that found itself with dwindling foreign reserves as Nigeria would look at the major users to see if they appropriately accomplish the reasons for their allocations. Dangote, Foreign Portfolio Investors, FirstBank, Zenith Bank Plc and Stanbic IBTC Limited must substantiate their lion […]
Tag: Central Bank of Nigeria
Nigerians Declare Showdown With Banks Over High Bank Charges
February 29, 2016/The Will A group, Consumer Advocacy Foundation of Nigeria (CAFON), is leading the protest to boycott banking activities on Tuesday, to protest alleged exorbitant deductions and unnecessary bank charges. According to reports gathered by THEWILL, the not-for-profit group, dedicated to advocacy for consumer rights and protection has declared […]
Naira now 300/dollar as forex supply slows
February 25, 2016/Punch By Oyetunji Abioye The naira rose further on Wednesday against the United States dollar at the parallel market to 300 from 310 on Tuesday. The local currency, which closed at 391 against the greenback last Thursday, had risen to 375 and 310 on Monday and Tuesday, respectively. […]
