New World Wealth Bank Rates Nigeria As Wealthiest In West Africa
The New World Wealth and AfrAsia Bank has rated Nigeria as the wealthiest in West Africa, estimating that the total wealth held in the...
Forbes Rates Nigeria Best Economy In Africa
A major research firm, Forbes Africa, has rated Nigeria as the 2018 best economy in Africa. According to Forbes, Nigeria came top with $172...
Central Bank Injects $303 Million, CNY 46.58 Million Into Retail SMIS
The Central Bank of Nigeria (CBN) has injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales. This is in addition...
Nigeria Signs $328 Million Agreement On ICT With China
President Muhammadu Buhari has arrived in Beijing, China for a 6-day official visit during which time he will join his Chinese counterpart, Xi Jinping...
Federal, States, Local Govts Share N714.8 Billion From July
Federal, states and local governments have shared a total of N714.8 billion revenue generated in July. The figure indicated a decline of N107.1 billion...
UK Proposes £70 Million Investment, To Create 100,000 Jobs In Nigeria
The United Kingdom (UK) minister of State for Africa, and Harriett Baldwin has announced his country's Government to invest £70 million in a technology...
Central Bank Punishes 4 Banks For Violating Laws
The Central Bank of Nigeria (CBN) has imposed heavy sanctions totaling N5.87 billion on four banks under its regulatory purview and asked them to refund...
Central Bank Uplifts Forex Market With $210 Million
The Central Bank of Nigeria (CBN) has injected another sum of $210 million into the inter-bank Foreign Exchange Market, in its desire to ensure...
Denmark Plans Dairy Farm In Kaduna
Danish Ambassador to Nigeria, Torben Gettermann has revealed the plan by his country to soon establish modern dairy farm in Kaduna State, Nigeria.
Ambassador Gettermann,...
CBN Pumps $543m, CNY 63m Into Forex Market
…Retail segment receives $323m boost
…Wholesale segment gets $100m
…SMEs, Invisibles get $55m each
ABUJA – In another major round of interventions, the Central Bank of Nigeria...
