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CBN Takes Another Bold Step to Help Naira Recover against US Dollar

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The CBN is determined to find solutions to the naira, and in the last few weeks, has made several decisionsThe latest is the sale of government securities targeting foreign investors as it seeks to boost liquidity in the FX market Nigerian currency in the last two days has reversed its gains recorded in both the official and unofficial marketsLegit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends. Read More...

Fish Oil, Turmeric, and Ginseng, Oh My! Are Brain Foods B.S.?

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Reverse Aging! Lose Weight! Enhance Brainpower! These are just a few of the medical miracles purportedly delivered by dietary supplements. These claims are incredibly effective. A 2007 government survey revealed that Americans spent $14.8 billion on nonvitamin, nonmineral, natural products—substances like fish oil and ginkgo biloba—in one year alone. Often, there is little scientific evidence to support these claims—remember Dr. Oz and green coffee beans? In a society where we constantly seek to work harder and be smarter, claims about improving brain health attract massive attention. Read More...

Halle Bailey, Summer Walker, Coco Jones Honored at Pre-Grammy Party

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R&B darlings Halle Bailey, Summer Walker and Coco Jones celebrated their Grammy nominations in a lavish way — at a high tea party at a luxurious West Hollywood residence. As music industry players stood poolside, where synchronized swimmers performed and violinists played, the singers were honored on Friday by Femme It Forward, the female-led music and entertainment company founded by Heather Lowery in partnership with Live Nation Entertainment. “I want to say that I continue to be inspired by us. Read More...

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