My friend, Paul, is Jamaican. He has a strong Jamaican twang that sometimes leaves me wondering what he is saying. Paul and I met at our local pub in London and bonded over our mutual love for crossword puzzles. When…
Steady dollar supply pushes naira to 1,262/$
The naira, on Wednesday continued its gain against the United States dollars, appreciating both at the official foreign exchange and parallel markets, to the delight of many Nigerians. At the Nigerian Autonomous Foreign Exchange Market, the naira gained N16 or…
Forex access huge challenge to oil marketers –DAPPMAN
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN), says accessing foreign exchange at official rate has remained the greatest challenge facing fuel marketers in the country. Mrs Winifred Akpani, DAPPMAN Chairman, said this at a news conference in Lagos…
World Bank knocks Emefiele’s CBN policies
The World Bank has said that multiple exchange rates, trade restrictions, and the financing of the public deficit by the Godwin Emefiele-led Central Bank of Nigeria (CBN) continues to damage the business environment. The World Bank made the disclosure in…