CBN Monetary Committee Satisfies With Domestic Economy After 2016 Recession

The monetary committee of the Central Bank of Nigeria (CBN) has expressed satisfaction with the continued recovery in output growth in the domestic economy...

NNPC Strikes $8.441 Billion Joint Venture Deal With Shell, Others

The Nigeria National Petroleum Corporation (NNPC), has agreed to a joint business venture deal with some oil companies, including Shell, Sterling Oil Exploration &...

NNPC Announces Earning Of $640.35 Million From Crude Export

The Nigerian National Petroleum Corporation (NNPC) has announced that the country earned 640.35 million dollars from the export of crude oil and gas for...

Why Ajaokuta Steel Hasn’t Started Operation – Minister

The Minister of Mines and Steel Development, Abubakar Bawa Bwari, has said that lack of external infrastructure is the reason why Ajaokuta Steel Company...

Stakeholders Converge On Abuja For Launch Of Financial Inclusion

National Financial inclusion stakeholders in Nigeria, led by the Central Bank of Nigeria (CBN), will converge on Abuja on Thursday, January 17 and Friday,...

CBN Injects $263 Million, CNY 39 Million Into Retail SMIS

The Central Bank of Nigeria (CBN) has again, injected the sum of $263 million into the Retail Secondary Market Intervention Sales (SMIS), being its...

Central Bank Continues Intervention In Forex Market With $210 Million

The Central Bank of Nigeria (CBN) has continued its intervention in the inter-bank sector of the Foreign Exchange market by injecting another sum of...

CBN Injects $210 Million In First Forex Intervention In 2019

The Central Bank of Nigeria (CBN) on Friday made its first intervention in the inter-bank sector of the Foreign Exchange (FOREX) market for 2019...

Aviation Authority Withdraws Certificate Of One Airline For 180 Days, Fines 3 N2 Million

The Nigerian Civil Aviation Authority (NCAA) has imposed a fine of between N1.5 million and N2 million on three private airlines and suspended the...

CBN Returns From Christmas Holiday, Pumping $210 Million Into FOREX Market

The Central Bank of Nigeria (CBN) resumed from the Christmas and Boxing Day breaks by injecting the sum of $210 million in the wholesale...
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