Business Hilights

Tracking Nigeria's Headline Business News Online

foreign exchange

Deep-pocket business events that shaped economy last week ending June 23

The week in review started with seemingly bad news from the Debt Management Office (DMO), which revealed that Nigeria’s total public debt stock increased by 4.5% q/q in Q1-18 to NGN22.71 trillion with domestic debt accounting for 70.3% of total…

Continued injection of forex by CBN stressing oil earnings, foreign reserves—Don

A senior lecturer at the Pubic Administration Department, of Nassarawa State University, Lafia, Professor Charles Nwaekeaku has raised fresh alarm on the continued intervention in the foreign exchange by the Central Bank of Nigeria (CBN), saying even though it is…