CBN, Again, Injects $210 Million Into Inter-Bank Foreign Exchange Market

The Central Bank of Nigeria (CBN) has injected another sum of $210 million into the Inter-bank Foreign Exchange Market, to meet customers’ requests in...

CBN Boosts Secondary Market Interventions With $262.5 Million

The Central Bank of Nigeria (CBN), in its first Retail Secondary Market Intervention Sales (SMIS) for the year, has intervened in the inter-bank Foreign...

Federal Govt Approves Independent Power System At Nnamdi Azikiwe International Airport, Abuja

The Nigerian Federal Government is set to install independent power supply system to address incessant power outages at the Nnamdi Azikiwe International Airport in...

CBN Governor Disowns Fake Emefiele Twitter Handles

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has disowned the existence of several twitter handles purportedly by him. "We wish to inform members...

Nigeria’s External Reserves Hit $40.4 Billion As CBN Pumps $210 Million Into Interbank Market

As projected by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele at the Annual Bankers’ Dinner of the Chartered Institute of Bankers...

Police Declares MD Of BUA Wanted Over Attack On Edo Governor’s Convoy

The Nigeria Police have declared the Managing Director of BUA Company, Obu Cement Company, Yusuf Binji, wanted over an attack on the convoy of...

Nigeria Suffered Diversion Of 148,533 Million Litres In December Fuel Crisis – NNPC Boss

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has disclosed that no fewer than 148,533 million litres of fuel...

We Can’t Continue To Sell Fuel At N145 Per Litre Under Existing Arrangement, Oil...

Depot and Petroleum Marketers Association of Nigeria (DAPMAN), have made it clear that if they are to return to participate in importation of fuel,...

Greed, Profiteering By Oil Marketers Cause Fuel Crisis, NNPC Boss Insists

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has attributed the fuel crisis that had lingered on Nigeria...

Federal Govt Gives Small Subsidy To Oil Marketers, NNPC Boss Admits

Against the backdrop of the Federal Government position stopping subsidy on fuel, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr....
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