Presidency refuse to comment on Obasanjo’s letter

The presidency has not responded to a letter written to President Muhammadu Buhari by former President Olusegun Obasanjo’s, wherein the latter urged the former not to seek re-election in 2019. Obasanjo said instead of re-contesting, Buhari should rather contribute on the sideline nationally and internationally. When reached for comments on the statement, Garba Shehu, Senior […]

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CBN injects fresh $262.5m into forex market

The Central Bank of Nigeria (CBN) has injected another $262.5m into the foreign exchange market. Nigeria’s apex bank announced this on Friday. The intervention is targeted at the agricultural, airlines, petroleum products and raw materials and machinery sectors. Isaac Okorafor, the Acting Director in charge of Corporate Communications of the CBN, said the fund will […]

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