Fraudstars On The Prowl, Defrauding Nigerians, CBN Alerts
The Central Bank of Nigeria (CBN) has alerted Nigerians about the activities of fraudsters who have been going round impersonating some principal officers of...
Dangote Votes $4.5 Billion For Refinery In Nigeria
President of Dangote Group, Aliko Dangote, has voted more than $4.5 billion in debt financing for his Nigerian oil refinery project and aims to...
Oil Sector Still The Major Source Of Nigeria’s Economic Recovery – CBN
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has confirmed that oil sector is still the major source of the Nigeria’s...
Finance Minister By-Passes FAAC, Shares N668.9 Billion To 3-Tiers Of Govt
The minister of finance, Kemi Adeosun has by-passed the Federation Accounts Allocation Committee (FAAC) by sharing the sum of N668.898 billion to the three...
Central Bank Of Nigeria, China Kick-Start Currency Swap
The Central Bank of Nigeria (CBN) and the People’s Bank of China (PBoC) have formally kick-started the Bilateral Currency Swap Agreement (BCSA) which was...
Ex Spy Policemen Have No Cause To Picket Our Offices – Mobil
Mobil Producing Nigeria, a subsidiary of ExxonMobil, has said that ex-spy policemen, who recently picketed its offices, had no cause to do so as...
Senate Approves N348.003 Billion Subsidy Debt To 74 Oil Marketers
The Senate has approved the payment of N348.003 billion to 74 Oil Marketing Companies, (OMCs), as outstanding fuel subsidies owed them by the federal government as...
Aviation Minister Announces New National Carrier In UK
The Minister of State for Aviation, Senator Hadi Sirika, has announced ‘Nigeria Air’ as the new national air carrier.
He spoke as he unveiled the...
CBN, Again, Injects Fresh $210 Million Into Inter-Bank Forex
The Central Bank of Nigeria (CBN), has again, injected the sum of $210 million into the inter-bank foreign exchange (forex) market.
The Bank offered $100...
Nigeria’s Economy Recovering From Worst Contraction In 25 Years -IMF
The International Monetary Fund (IMF) has rated Nigeria’s economy as having being recovering from what it called ‘the worst contraction in 25 years in...
