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Factual Reportage

Cardoso sacks 8 directors of CBN

Eight directors of the Central Bank of Nigeria (CBN) who worked closely with the former governor, Godwin Emefiele, have received early retirement letters. The current Central Bank of Nigeria governor, Yemi Cardoso, authorized the action, according to Daily Trust. The directors, some of whom were initially redeployed to an arm of the bank, FSS 2020 […]

Goldman Sachs predicts Naira appreciation  to N1 200 per dollar

Global investment outfit, Goldman Sachs has predicted that Naira will appreciate to N1,200 per dollar within the next 12 months. It stated this in its report dated March 7, 2024, added that the Nigerian currency looked cheap on a Real Effective Exchange Rate (REER) basis in a historical context. Further justifying its forecast, it stated […]