Central Bank Of Nigeria To Stabilise Foreign Exchange Market

The Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shunobi says the Apex Bank has taken appropriate measures to stabilise the unfavourable fluctuations in the foreign exchange market. Shunobi, told State House Correspondents in Abuja after his meeting with President Tinubu that the situation was arbitrary, and warned the offenders about the consequences of their actions. He said they have discussed the effective measures to be taken to stabilise and improve the liquidity...

Price of Star, Life, other products by Nigerian Breweries to skyrocket

Starting from August 10, 2023, there will be an upswing in the price of some Nigerian Breweries’, NB, products. NB announced the upward price review of its products via a memo to customers by the company’s sales director, Ayo Lawal on Tuesday, August 1. Lawal explained that the review has become necessary because of “continued rising input cost and the need to mitigate the impact.” The NB is the producer of major alcoholic products like...

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