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A federal court in Abuja has received fresh testimony regarding the controversial 2022 naira redesign policy. A star witness confirmed yesterday that Godwin Emefiele complied with a specific presidential directive for local production. The Economic and Financial Crimes Commission investigator, Chinedu Eneanya, testified as the seventh prosecution witness. He told the court that late President…
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…
