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Naira at N516 to dollar frustrating telecoms firms’ drive to invest on networks

Indications have emerged that the sustained free fall of naira over leading international currencies including dollar is the reason behind persistent poor Quality of Service (QoS) among telecoms networks. Otherwise, the inability of telecoms companies to access dollar easily is…

CBN refutes Mailafia’s claims, says less than 1% fake naira notes in circulation

Barely less than one week after a former deputy Governor of the Central Bank of Nigeria (CBN), Mr. Obadiah Mailafia had disclosed that the total percent of fake naira notes in circulation is in the region of 20 per cent,…