Category: News

CBN Warns Against Dollarising economy

The Central Bank Governor, Mr. Godwin Emefiele, Tuesday warned businessmen against transacting business in Dollars and other foreign currencies in the country. Emefiele insisted that the only currency for transacting business in the country has remained Naira, in what observers see as part of the apex bank’s measures to meet the demand for the foreign…

Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), has promised to ensure that the naira would be equal to the dollar in value if voted into office. Buhari made this disclosure on Monday during the south-east presidential rally of the party at Dan Anyiam Stadium, Owerri. “It is sad that the value of…