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Day: November 25, 2020

ABCON: $35.6b Foreign Reserves Enough To Defend Naira 
BusinessLocal

ABCON: $35.6b Foreign Reserves Enough To Defend Naira 

The $35.6 billion foreign exchange reserves is enough to protect naira against attacks by currency speculators forcing the local currency…

byEkeminiNovember 25, 2020
Second Recession In 5 Years: Urgent Need For Robust Fiscal And Investment Policies
Business

Second Recession In 5 Years: Urgent Need For Robust Fiscal And Investment Policies

The GDP numbers released on Saturday (November 21) confirmed that Nigeria has officially fallen into a recession. The economy shrank…

byEkeminiNovember 25, 2020
Brexit – Talks Are Set To Resume By Friday As The Pound Inches Towards $1.34 
Business

Brexit – Talks Are Set To Resume By Friday As The Pound Inches Towards $1.34 

Brexit talks are set to resume later this week after both sides had agreed to suspend talks. A member of…

byEkeminiNovember 25, 2020November 25, 2020
CBN Flays Those Using Parallel Market Rate To Push For Naira Devaluation
Local

CBN Flays Those Using Parallel Market Rate To Push For Naira Devaluation

Those using parallel market rate to put pressure on the Central Bank of Nigeria (CBN) to devalue the Naira won’t…

byEkeminiNovember 25, 2020

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