CBN Approves $100 Million For Sale At Secondary Market Intervention
The Central Bank of Nigeria (CBN), today, Tuesday, approved the sale of $100 million at the Wholesale Secondary Market Intervention Sales (SMIS) auction which...
Naira Looking Good As CBN Plans To Inject More Forex
Strong indications emerged over the weekend that the Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of...
Nigeria Must Take The Lead In Offshore Technologies – Lee Engineering Boss
The chairman, chief executive officer of Lee Engineering and Construction Company, Dr. Leemon Ikpea, has stressed the need for Nigeria to take the lead...
CBN Pumps Additional $389 Million Into Forex Market
The retail segment of the interbank forex market received a huge boost today, Friday, as the Central Bank of Nigeria (CBN) pumped another $388.66...
Peter Side Woos American Investors To Nigeria
The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr. Dakuku Peterside has asked American business people to take advantage of...
No Plan To Reverse Policy On 41 Restricted Items -CBN
The Central Bank of Nigeria (CBN) has made it clear that the policy on some import items ineligible for forex has not been reversed...
Farmers Spring Surprise, Repaying Bank Loans
Against the background of the fear that most farmers don’t pay back the loans they take from banks, the Central Bank of Nigeria (CBN)...
CBN Wields Big Stick; Bans GTBank, Others From SME Wholesale Forex Window
The Central Bank of Nigeria (CBN) has banned the GTBank and others from participating in the weekly small and medium enterprises (SMEs) wholesale spot...
MTN Sacks 280 Nigerians, Including Managers
Telecommunications giant, MTN has sacked no fewer than 280 of its employees in Nigeria, including about 200 permanent employees and about 80 contract staff...
Central Bank Plans Rise Of Naira Through More Forex Into Inter-Bank Market
The Central Bank of Nigeria (CBN) is believed to have concluded plans to commence another round of forex injections into the invisibles segment of...
