Opeyemi Akinbobola

Foreign Exchange  Inflow Into Nigeria Surges By 64% To $30billion 

The total amount of foreign exchange (FX) that streamed into the Nigerian economy skyrocketed by 64% to $30.18billion in the third quarter (Q3) of 2021 compared to the $18.4billion recorded in the previous quarter.  This is about the data of the statistical bulletin for Q3 2021, from the Central Bank of Nigeria (CBN). The FX…

Read More

War Against Drug Abuse: NDLEA, NSCDC Renew Partnership

The National Drug Law Enforcement Agency (NDLEA) alongside with the Nigeria Security and Defence Corps (NSCDC) have decided to recreate and strengthen their  partnership in various areas; specially for the operation of fighting against drug abuse and illicit drug trafficking. According to the NDLEA Director of Media and Advocacy, Femi Babafemi, the renewal of partnership…

Read More

Domestic Companies Increase Nigerian Stock Market with ₦450 billion Gain

The Nigerian Stock market closed on a bright spot with an enormous gain of ₦450billion yesterday. The upturn in the equity market was realised from gains recorded from the domestic companies of large and medium capitalised stocks, amongst which are; Airtel Africa, Oando, Seplat Energy, Ardova, and Nigerian Exchange Group (NGXGroup). The All-Share Index (ASI),…

Read More