Forex: CBN Injects $317.52 Million, CNY 58.40 Million Into Retail SMIS
The Central Bank of Nigeria (CBN) has again, injected a total of $317.52 million in that segment of the market in addition to CNY58.40...
CBN Dialogues With MTN, 4 Banks Sanctioned Over FOREX
The Central Bank of Nigeria (CBN) has embarked on dialogue with the communication giant, MTN and four deposit money banks (DMBs) that were recently sanctioned.
According to the...
Nigeria Suspends National Carrier Project
The Federal Government of Nigeria has announced the suspension of the national carrier project.
Minister of State for Aviation, Hadi Sirika, who announced the suspension...
Forex: Central Bank Pumps $210 Million Into Forex
The Central Bank of Nigeria (CBN) has again intervened in the inter-bank Foreign Exchange Market to the tune of $210 million.
A statement from the...
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...
