CBN Pumps In More Dollars To Sustain Tempo Of Foreign Exchange Supply

In a bid to sustain the tempo of foreign exchange supply to the interbank FOREX market and ensure liquidity, the Central Bank of Nigeria...

Why Buhari Government Supports Abrogation Of 1955 Railway Act – Yemi Osinbajo

The government of President Muhammadu Buhari is supporting the abrogation of the 1955 Railway Act in favour of private sector participation to make railway...

CBN Again, Frustrates Speculators, Pumps $100 Million Into Foreign Exchange Market

For the third time running within two weeks, the Central Bank of Nigeria (CBN) has injected another sum of $100 Million into the inter-bank...

Group Laments Severe Destruction Of Farmlands By Herdsmen Cows In South-West

The Yoruba Initiative (TYI) a socio-cultural and non-political group in the south-west has raised alarm over the destruction of farmlands in many parts of...

Again, Dollar Crashes At Parallel Market

Dollar has began its free fall against the Naira, as the Nigerian currency gained five points at the parallel market against the Dollar. The Naira...

Central Bank, Again, Offers $367 Million For Forex Forwards

The Central Bank of Nigeria (CBN) has again, carried out another round of retail interventions in the inter-bank FOREX market by providing a total...

CBN Gives Banks Marching Order On FOREX

The Central Bank of Nigeria (CBN) has directed banks to henceforth ensure that all applications for Basic and Personal Travel Allowance are processed within...

Stakeholders Encourage NNPC Boss To Sustain Transformation

Stakeholders have encouraged the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, to sustain the transformation programme in...

CBN Sends Forex Traders Scampering As It Releases Additional $350 Million Into Market

The Central Bank of Nigeria (CBN) has sent Forex traders scampering as it pumped additional $350 Million into the foreign exchange market, bringing the...

NNPC Searches For Contractor Financiers For 650 Kilometre Ajaokuta-Kano Gas Line

The Nigerian National Petroleum Corporation (NNPC) has tendered for and is expecting contractor financiers to take up the construction of its 650 kilometres northern...
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