The recently introduced foreign exchange window for investors and exporters has traded around $3.83 billion since it was established baks foreign exchange dealers said. The investor...
The Central Bank of Nigeria (CBN) on Monday, July 10, 2017, injected a total of $142.5 million into the inter-bank foreign exchange, days after intervening in...
Operators in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria (CBN) on Friday, July...
Nigeria’s interbank lending rate rose to around 15 per cent weekend from five per cent last week after commercial banks paid for dollar and treasury bill...
By Peace Gabriel The World Economic Forum has launched second White Paper on an investment framework for digital adoption”. The paper was published in collaboration with...
By Omoh Gabriel IMF, World Bank and World Trade Organisation have urged global leaders to reinvigorate trade to boost global economic growth. The call was...
The Central Bank of Nigeria (CBN) on Wednesday, July 5, 2017, announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market, following...
The African Development Bank (AfDB) has called for the empowerment of small and medium operators in the textiles, apparel and accessories sectors as a deliberate job...
Nigerian National Petroleum Corporation, NNPC has accused Gencos of rejecting gas supply. Group Managing Director of the NNPC, Mr. Maikanti Baru, lamented that despite efforts at...
Central Bank of Nigeria CBN, Nigerian Communication Commission NCC, have intervened to the imminent collapse of Etisalat bogged by $1.2 billion debt overhang. Etisalat Nigeria is...
The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange market, has injected the total sum...
At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony O. Elumelu, CON, Chairman of Heirs Holdings and the Tony...
By Omoh Gabriel Six Nigerian banks have emerged among the top twenty five banks in Africa in the Banker magazine 2017 1000 global banks ranking. They...
The Manufacturing purchasing managers’ index PMI, stood at 52.9 index points in June 2017, indicating expansion in the manufacturing sector for the third consecutive monthCBN has...
SPEECH DELIVERED BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, GCON, THE ACTING PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA AT OPENING OF THE VOLUNTARY...