Forex Market Stability

EFCC Intensifies Efforts Against Currency Speculation, Naira Manipulation

Apr 21, 2024. by Praise Ben

EFCC intensifies efforts against currency speculation and naira manipulation, targeting cryptocurrency platforms. Sources reveal EFCC’s focus on stabilizing Nigerian forex market, not limited to Binance. Spokesperson reaffirms EFCC’s commitment to ensuring sanity within the country’s forex market. EKO HOT BLOG reports that the Economic and Financial Crimes Commission has escalated its efforts to combat currency speculation … Read more

Reps To Conduct Comprehensive Audit Of Petrol Subsidy Regime

Nov 4, 2023. by Praise Ben

EKO HOT BLOG reports that Chairman, House of Representatives Committee on Petroleum Resources (Downstream), Ikeagwuonu Ugochinyere, has vowed on behalf of the committee to conduct a comprehensive audit of the petrol subsidy regime. Speaking at the inaugural meeting of the committee in Abuja on Friday, Ugochinyere said the implementation of the Petroleum Industry Act would … Read more