Shehu Sani said Atiku Abubakar can contest Nigeria’s 2027 presidency, but warned that ignoring rotational power could end fairness and hurt the North in 2031.
Naira strengthens to N1,762 per pound despite the CBN rate cut, as rising reserves, oil earnings and dollar liquidity support the currency’s resilience today.
Asian markets fell Monday after China's keenly anticipated plans to support the world's number two economy fell short of expectations, while traders were also keeping tabs on Washington as Donald Trump puts his cabinet together after last week's election win. "Yet President-elect Donald Trump’s policy proposals could lead to heightened macroeconomic volatility.
The governor of the Central Bank of Nigeria (CBN) has disclosed that the bank's policies raised Nigeria's FX reserves to a 33-month high of $40 billion.
About 10 Nigerian states increased their domestic debt in the second quarter of 2024 by N196 billion as the domestic debts of the 36 states and FCT rose to N4.026trn
The Central Bank of Nigeria (CBN) has disclosed that commercial banks must allow domiciliary account holders to convert their foreign currencies to naira.
Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region.
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from political interference. The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by raising and lowering interest rates.
Donald Trump's first White House term saw a bruising trade war with China that left a lingering impact on farmers -- and many are bracing for further fallout as the President-elect threatens higher levies on Beijing.
The Central Bank of Nigeria (CBN) has asked commercial, merchant and other non-interest banks to open domiciliary accounts for participants in new scheme.
Beleaguered aviation giant Boeing is set to confront another hurdle next week when it faces a civil trial over the March 2019 Ethiopian Airlines crash that killed 157 people. The MCAS was a flight stabilizing system that malfunctioned in both the Ethiopian Airlines and in the October 2018 Lion Air crash in Indonesia, which killed 189 people.
Economy
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