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    Business CBN Explains Why It Put Restriction On Debit Cards Abroad

    The Director, Monetary Policy of the Central Bank of Nigeria, Mr Moses Tule, has been speaking on the recent restrictions on the use of naira debit cards and dollar transactions in the country. At an interactive session with journalists in Abuja, Mr Tule said that naira debit cards can no...
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    Business Naira Depreciation is the Fault of Ex-President Goodluck Jonathan, Says FG

    The federal government has said that the depreciation in Naira is the direct consequences of the mismanagement and looting of treasury under former President, Goodluck Jonathan. Last Friday, the naira exchanged at its worst in history for N260 to $1 in the parallel market. The parallel rate is...