Nigeria, One Of The Most Promising Markets In Africa – German Trade Delegation

Industry and Commerce delegation from Germany has rated Nigeria as one of the promising markets for foreign investors. Members of the delegation, led by Ulrich...

Nigeria Angry With Un-Named Country Over Alleged Economic Sabotage, Move To Shut Its Borders

The Nigerian Government is virtually angry with a certain un-named neighbouring country which it accused of economic sabotage even as it makes move to...

Central Bank Gives Retail Secondary Market $343.06 Million Boost

The Central Bank of Nigeria (CBN) has given the retail Secondary Market Intervention Sales (SMIS) a boost of $343.06 million. According to the Acting Director,...

Central Bank Injects $210 Million Into Forex Market

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. The apex Bank, in its desire to meet...

President Buhari Not In Hurry To Sign 2018 Budget – Minister Udoma

The Minister of Budget and National Planning, Udo Udoma has said that President Muhammadu Buhari is not in a hurry to sign the 2018...

Lagos Internally Generated Revenue Hits N34 Billion Monthly

The Lagos State Government has announced that it has achieved an average monthly Internally Generated Revenue (IGR) of N34billion in 2018 compared to monthly...

Window Now Opened For Bureau De Change To Buy Dollars From CBN

Operators of Bureau De Change (BDC) in the country are now free to buy the United States dollar from the Central Bank of Nigeria...

CBN Sells $331.41 Million To Players In Retail Secondary Market

The Central Bank of Nigeria (CBN) has once more sold a total of $331.41 million to players in different sectors in the Retail Secondary...

CBN Lifts Up Forex Market With $210 million

The Central Bank of Nigeria (CBN) has, again, sustained its supply in the inter-bank Foreign Exchange market with the sum of $210 million. The Bank offered...

Central Bank Gives Marching Order To Banks To Sell Forex To Travelers Over Counter

The Central Bank of Nigeria (CBN) has ordered all Deposit Money Banks (DMBs) to henceforth buy and sell foreign exchange to travelers over the...
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