Central Bank Again Pumps $210 Million Into Inter-Bank Forex Market
The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN), following transactions concluded today, August...
NNPC Laments Barrage Of Fraudulent Contraptions By Social Media Criminals
The Nigerian National Petroleum Corporation (NNPC) has lamented the continued fraudulent contraptions by those it described as social media criminals with a view to...
Group MD Charges Media Editors To Expose Corruption In NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has urged members of the Nigerian Guild of Editors (NGE)...
How Presidential Initiative On Audit Blocked Leakage Of N500 Billion – Dr. Dikwa
The Permanent Secretary, Special Duties, Ministry of Finance, Dr. Mohammed Dikwa, has recounted how the Presidential Initiative for Continuous Audit (PICA) blocked the leakage...
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...
