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Olalekan Fakoyejo

Fakoyejo Olalekan is a multi-media journalist, very passionate about story telling, and shaping thoughts and opinions.

Naira Watch1 year ago

Dollar hits a peak of N810 in official window, parallel traders keep rate above N1000

The dollar rate in the investors’ and exporters’ window hit N810.78/$1 on Thursday, the highest rate for the day, and also fell to a low of...
Business1 year ago

Racketeers determine who gets forex from CBN, demand commission —Erisco founder

The founder of Erisco Foods Limited, Eric Umeofia, has alleged that there are racketeers that determine who gets foreign exchange from the Central Bank of Nigeria...
News1 year ago

Erisco founder to sue Facebook user for N5bn, claims her post cost him $30m credit line

The founder of Erisco Foods Limited, Eric Umeofia, said he would sue Chioma Egodi, the Facebook user that she critiqued his product, for N5 billion damages....
Business1 year ago

Crude oil price hits $97 per barrel after US storage hub records decline in stocks

Brent crude oil price rallied to $97.5 on Thursday, as the crude storage hub in Cushing, Oklahoma, United States, fell by 943,000 barrels to 22 million...
Business1 year ago

Nigerian govt soon to release special investigator’s audit report on CBN

The Federal Government said the special investigator, Jim Obazee, has conducted an audit report on the Central Bank of Nigeria (CBN) and it would be released...