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BY GODWIN OBIThe Presidency has thrown its weight behind President Bola Tinubu following mounting criticism of Executive Order 9, which halts revenue deductions by the Nigerian National Petroleum Company Limited (NNPCL) and other agencies Presidential aides insist the directive is rooted firmly in constitutional authority, arguing that provisions of theContinue Reading

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BY FRONTLINE REPORTERS The Central Bank of Nigeria (CBN) slowed naira appreciation at the official window and mopped up about $190 million from the local currency market last week. The local currency had appreciated speedily at the official window, but the exchange rate retreated for the last three trading sessionsContinue Reading