Pragmatic initiatives taken by the central Bank of Nigeria (CBN) to commence sectoral foreign exchange interventions may have started yielding positive results by way of stabilizing...
Leaders of the top multilateral development banks (MDBs) have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable...
The Association of African Maritime Administrations (AAMA) in conjunction with the International Maritime Organisation (IMO), today, concluded a successful Conference of the Association of African Maritime...
Nigerian Breweries Plc has declared a profit after tax of N11. 44 billion for the first quarter of 2017. The unaudited and provisional results sent to...
The Honourable Minister of Finance met with representatives from International Finance Institutions at the World Bank Spring Meetings to take forwards discussions on Nigeria’s agenda to...
The Association of Power Generation Companies, APGC, has disclosed that it has the capacity to generate 12,000 megawatts, MW, of electricity, but stated that the distribution...
Central Bank of Nigeria (CBN) has directed Banks to suspend the recently introduced increases in charges on over-the-counter withdrawals of above N500,000 or deposit of same...
The Director General of Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside has been elected as the new Chairman of the Association of African Maritime...
Two weeks after opening a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible finished and semi-finished items, the Central Bank...
…….. As CBN Intervention in Forex Market Pays Off The Naira firmed up at the Bureau de Change (BDCs) segment on Thursday, April 20, 2017, trading...
Comptroller-General of Customs, Col. Hameed Ibrahim Ali (rtd) redeployed 48 Comptrollers of Customs. The redeployment which is in line with the ongoing reforms of the Service...
…Banks only able to pick up $68.51 million …To sell $20,000 to BDCs on Thursday Following its injection of $280 million into the Foreign Exchange Market...
As part of its determination to increase foreign exchange liquidity and improve access by Small and Medium Enterprises (SMEs) and retail businesses, the Central Bank of...
The efforts of the Central Bank of Nigeria (CBN) aimed at ensuring stability in the foreign exchange market may have started yielding results as the market...
In an effort to improve the quality of shoes made in Aba, Nigeria to international standard, Governor Okezie Ikpeazu and a Chinese company have concluded plan...