Nigeria’s oil and gas industry stakeholders have commended President Bola Tinubu over his administration’s economic policies, attributing the recent reduction in price of diesel to the gains of the policies. According to them, the president’s fuel subsidy removal and unification of various foreign exchange rates which initially signposted econ...
•Naira and Dollar The recovery of the nation’s currency, the naira, against the dollar in the last two months have been described as artificial and cosmetic by analysts. This is despite the claim by the AssoÂciation of Bureau de Change of Nigeria (ABCON) that the naira recovered beÂcause of the clearance $7 billion forex backlog […]...
Financial experts say the naira may hit N2000 to a dollar exchange mark in a matter of months considering how the currency continues to depreciate both at the official and parallel markets despite efforts being made by the Central Bank of Nigeria (CBN). The naira was N1,120/$ on December 31, 2023. It went down to […]
Analysts are casting doubts on the sincerity of the Central Bank of NiÂgeria (CBN) in the dissolution of the board and management of Union Bank, Keystone Bank, and Polaris Bank. Those who spoke to our correspondents at the weekend queried how the CBN could replace the board and management of these affected banks with just […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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