A financial analyst, Kalu Aja, has given Allen Onyema’s Air Peace solution to edge out foreign airlines amid price war in the Lagos-London fare route. Aja made this known in his official X account on Thursday. He said Air Peace should introduce a loyalty programme for domestic route. According to him, Onyema need to unbundle […]
What CBN should do to crash FX rate to N1000 per dollar – Aja
A financial expert, Kalu Aja has told the Central Bank of Nigeria to sell the Naira at an exchange rate of N1000 to USD. Aja disclosed this in a statement on Sunday on his official X handle. Recall that the Association of Bureaux de Change Operators begged the apex bank to review the allocation rate […]
Forex subsidy to BDC operators reason for Naira appreciation – Finance Analyst, Aja
A financial analyst, Kalu Aja has said the Naira appreciation in the foreign exchange market is due to FX intervention by the Central Bank of Nigeria to Bureau De Change operators. Recall that on Monday, CBN sold $10,000 to each BDC at N1,251 per US dollar. Reacting to the development, Aja noted that the move […]
Nigeria should have taken Binance to court – Finance expert Aja
A financial analyst, Kalu Aja, said that the Nigerian government would have handled its ongoing impasse with Binance like the US government did by instituting a lawsuit against the cryptocurrency platform amid a regulatory clampdown. Aja disclosed this in a statement on Thursday, while reacting to the Nigerian government’s continued detention of two Binance executives. […]