CBN, Ministers Address Cost Of Living Crisis, Pledge Solutions For Nigerians

Eko Hot Blog reports that the Minister of Finance, Wale Edun, along with the Minister of Budget and National Planning, Atiku Bagudu, has reassured Nigerians that the current surge in living expenses is being tackled. The Governor of the Central Bank of Nigeria, Olayemi Cardoso, and the Chairman of the Federal Inland Revenue Service, Zacch … Read more

Naira Falls To New Record Low, Trades N1,045/$ At Parallel Market

Eko Hot Blog reports that the naira, on Wednesday, fell to a new all-time low at the parallel section of the market. According to the TheCable, Bureaux De Change operators (BDCs), on Wednesday, quoted the naira at N1,045 to the greenback. The figure represents a depreciation of N45 or 4.5 percent from the N1,000 it … Read more