NORTHERN socio-cultural group the Arewa Youth Assembly (AYA) has expelled its speaker Mohammed Salihu Danlami for criticising the economic policies of President Muhammadu Buhari and the Central Bank of Nigeria governor Godwin Emefiele.
Seen as a pressure group that supports the Buhari administration, AYA has launched attacks...
Ayo Akinfe
Its members would be:
Yemi Osinbajo - Chair
Zainab Ahmed - Vice chair
Lamido Sanusi
Charles Soludo
Kingsley Moghalu
Pat Utomi
Arunma Oteh
Yewande Sadiku
Godwin Emefiele
Adeniyi Adebayo
Its mandate would be simple:
You make all economic and investment decisions and...
NIGERIANS travelling abroad for holidays can now access a maximum amount of $4,000 worth of foreign exchange from the banks following the Central Bank of Nigeria's (CBN) recent decision to increase the amount.
In what appears to be a relaxation of the tight foreign restrictions of the government, the CBN has also increased...
RECENT statistics published by the National Bureau of Statistics (NBS) show that the total value of Nigeria's agricultural imports during the first three months of the year added up to N503bn ($1.21bn).
Concerning figures showing how heavily dependent Nigeria still is on the import of agricultural commodities, shows that the...
CENTRAL Bank of Nigeria (CBN) officials have offered to come to Gambia's assistance by helping the country print its currency the dalasi as part of cooperative arrangements among members of the Economic Community of West African States (Ecowas).
One of West Africa's smallest countries with a population of just 2.4m, Gambia...
NIGERIAN commercial banks will no longer lend money to individuals and corporate bodies whose activities harm the environment under and ambitious green programme aimed at ensuring the country honours its environmental obligations.
Nigeria is a signatory to the 2015 Paris Agreement on Climate Change which committed the nation...
NIGERIA'S external reserves fell by $640m during the month of May compared with the month before according to statistics just published the Central Bank of Nigeria (CBN) as a result of the federal government using cash from it to fund its budget.
As a result of the coronavirus pandemic, Nigeria has suffered from the effects...
VICE president Professor Yemi Osinbajo is to mediate in an ongoing dispute between the Nigeria Governors Forum (NGF) and the Central Bank of Nigeria (CBN) over the repayment plan for bailout loans.
As a result of the coronavirus pandemic, many Nigerian states have been able to meet their recurrent costs and have had to be...
NIGERIA has enjoyed a slight growth in her foreign reserves which rise to $34.85bn as of April 1 from the $34.41bn which they were on March 11 as a result of a combination of the Central Bank of Nigeria's (CBN) naira-for-dollar policy and rising oil prices.
In December last year, the CBN unveiled a new financial policy that...
CENTRAL Bank of Nigeria (CBN) and PricewaterhouseCoopers (PwC) officials believe that the new remittance policy of the federal government will lead to the country’s foreign remittances rising to as much as $34.89bn by 2023.
Up until last year, remittance recipients were only able to collect their cash in naira but with...
