Exxon Mobil Profit Margin Falls, Slides Into Financial Uncertainty

Exxon Mobil Corp’s plan to accelerate asset sales, a way of delivering needed cash to finance shareholder returns and major projects, is getting off...

Forex: Central Bank, Again, Boosts Wholesale Segment, Others With $210 Million

The Central Bank of Nigeria (CBN) has again intervened in the Forex with the injection of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from...

Forex Restriction Aimed At job creation, Investments In Local Milk Production – CBN.

The Central Bank of Nigeria (CBN) has made it clear that the proposed restriction of forex on milk is aimed atensuring forex savings, job...

FG, States, LGs Share N762.5bn From June Allocation

The Federal Government, States and Local Government Areas (LGAs) shared N762.5 billion as federal allocation for the month of June. Mr Ahmed Idris, the Accountant-General...

Nigerian Inter-Bank Forex Market Gets CBN’s $210 Million Boost

The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN) following transactions concluded yesterday, July...

Rising Trade Tensions Between US And Its Trading Partners Worries CBN Committee

The Monetary Committee of the Central Bank of Nigeria (CBN) has expressed open concern over what it called “rising trade tensions, particularly between the...

British Airways Turns Passengers Going To Egypt Away, Suspends Flights

Passengers about to board a British Airways flight to Cairo, capital of Egypt, from London's Heathrow Airport were turned away and the flight cancelled...

Over 70 Percent Of Private Sector Already Paying More Than N30,000 Minimum Wage –...

President of the Nigeria Employment Consultative Association (NECA), Taiwo Ayodele Adeniyi has said that 70 percent of those in private sector of the nation's economy...

Nigeria Employers Consultative Warns On Dangers Inherent In Africa Continental Free Trade

The Nigeria Employers Consultative Association (NECA) has warned on the dangers that are inherent in the Africa Continental Free Trade Area (AfCFTA), recently signed...

Central Bank Intervenes I Forex Market With $210 Million

The interbank segment of the Foreign Exchange Market has received a fresh boost of $210 million from the Central Bank of Nigeria (CBN) following...
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