The phrase “It’s the economy, stupid” gained prominence during Bill Clinton’s successful 1992 U.S. presidential campaign, thanks to strategist James Carville. It served as a directive to campaign staff, urging them to focus on key economic issues to sway voters. In a similar vein, the title of this piece—“Detty December: It’s the Currency … Read more
The Naira recorded a slight loss at the official market on Wednesday, trading at N1,539.39 per dollar. Data from the Central Bank of Nigeria (CBN) showed that the Naira closed the trading session at N1,539.39 to the dollar. This represents a slight loss as the local currency traded on Tuesday at N1,534.16 per … Read more
The Central Bank of Nigeria (CBN) has again released an update and clarified on the use of old Naira notes in the country. TheNewsGuru.com (TNG) reports the apex bank to have made the clarification on Friday in a statement released by Hakama Sidi Ali (Mrs.), CBN’s Acting Director of Corporate Communications. The central bank in … Read more
With barely two weeks until Christmas and the subsequent new year celebrations, getting cash in Kaduna, Kano and Katsina States has now become an extremely herculean task. Residents in the State have bemoaned the obnoxious situation which was reminiscent of a similar ugly development during the 2022 yuletide season. The distrausted residents have … Read more