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    ABOKI FX

    One month after Aboki FX shutdown, naira fails to rise

    Almost a month after the Central Bank of Nigeria forced foreign exchange update platform, Aboki FX, to suspend its operations, the naira...

    Naira crisis: Pursuing Aboki FX, a waste of efforts, Utomi tells CBN

    Some financial experts however disagreed with the decision of the Central Bank of Nigeria to prosecute the owner of AbokiFX, describing it...

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    Electricity subsidy removal calls intensify amid rising industry debts

    As it happened with fuel subsidy, the government and major players in the power sector have all agreed on the need to allow customers...

    Tinubu places three-month ban on foreign trips for ministers, others

    President Bola Tinubu has banned ministers, heads of agencies, and other government officials from embarking on public funded foreign trips. The ban will last for...

    Naira rebounds to N1,400/$ as speculators offload forex

    The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain...