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You Are Wrong, Dele Momodu Tells CBN Gov over Statement on FOREX Rate

By Eric Elezuo Celebrated journalist and Chairman Ovation Media Group, Chief Dele Momodu, has faulted the Central Bank Governor, Mr Godwin Emefiele for saying that...

Finally, Trump Agrees to Biden Transition

The General Services Administration acknowledged Democrat Joe Biden as the apparent winner of the presidential election on Monday, following weeks of inaction, and President...

Nigeria Slides into Recession, the Worst Since 1987

Nigeria has officially slid into its worst economic recession in over three decades, TheCable can report. According to gross domestic product numbers released by the...

Naira Further Loses Value, Sells at N478 to a Dollar

The naira extended its decline on Wednesday at the parallel market as the United States dollar was sold for N478. The local currency, which traded...

NNPC Raises Petrol Depot Price, Marketers to Sell at N168-N170/litre

The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known...

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