As the Eid-el-Kabir celebration is fast approaching, prices of food items and rams have been on a steady increase. One of the major characteristics of the Eid El Kabir celebration is the slaughtering of rams in line with the willingness of Prophet Ibrahim to sacrifice his son, who was replaced with a ram. It is a busy season for ram sellers as they were seen in different parts of […]
The Central Bank of Nigeria has removed the restriction it placed on access to official foreign exchange market for importation of 43 items, 9 years after. The statement assures that the apex bank will continue to intervene at the official foreign exchange market to meet the rising demand. It says the CBN is actively working to address the existing backlog of foreign exchange transactions. Although the value of the naira […]
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