…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...
United has lost $570 million in market cap this week, while Warren Buffett may have lost over $50 million on his investment Investors in United Airlines...
Indications are that the demand for foreign exchange by authorised dealers has slumped, as forex dealers were only able to pick $45 million out of the...
Kwara state present $162m facility request to World Bank Kwara government is seeking a $162 million facility from the World Bank. The request for the facility...
Central Bank of Nigeria CBN has issued a foreign exchange loan guideline for banks in which it increased the limit of banks’ foreign currency borrowings to...
The Central Bank of Nigeria (CBN) has released additional $250 million on 7 to 30-day forwards for agriculture, airline, petroleum products and raw materials. The Bank...
Market Statistics Wednesday, 12th April, 2017 Market Cap (N’bn) 8,822.2 Market Cap (US$’bn) 28.8 NSE All-Share Index 25,496.71 Daily Performance % 0.1 Week Performance % 0.1...
President Muhammadu Buhari has forwarded the names of six persons to the Senate for confirmation as Non-Executive Directors of the Board of the Central Bank of Nigeria, CBN....
—sells $100m to SMEs —makes $100m spot wholesale Small and Medium Enterprises (SMEs) in the country involved in the importation of critical and eligible finished and...
Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to an oilfield would go to Malabu...
Credit rating agency Standard and Poor’s (S&P) has downgraded South Africa‘s rating to BB+ -status, as the country’s currency continued to slide following a major cabinet...
Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond. The senior, unsecured Eurobond...
…begins massive sale with $100m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium...