CBN Pumps $370.9 Million Into 23 Banks To Douse Crisis In Foreign Exchange

 The Central Bank of Nigeria (CBN) has fulfilled its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions...

Federal, State, Local Governments Share N465.149 Billion For January

The Federation Account Allocation Committee (FAAC) has shared the sum of N465.149 billion among the Federal, State and Local Government Councils as allocation for...

Nigerian Government Adopts 60-Day Action Plan On Ease Of Doing Business

The Presidential Enabling Business Environment Council (PEBEC) has approved a 60-day national action plan to push through short term reforms. This is aimed at...

CBN Takes Measures To Ease Difficulties In Obtaining Funds For Foreign Exchange

The Central Bank of Nigeria (CBN) has offered to provide direct additional funding to banks to ease the difficulties encountered by Nigerians in obtaining funds...

Forex Utilization: CBN Disburses $2.83 Billion In 2 Months, To Ease Pressure On Critical...

The Central Bank of Nigeria (CBN) has announced that it had disbursed the sum of $2.83 billion for utilization in the critical sectors of...

CBN Directs Banks To Tidy Up Their Forex Sales, In Naira And Dollar Only

The Central Bank of Nigeria (CBN) has given new directive to all Deposit Money Banks in the country to henceforth, render their returns in...

GTBank Board Appoints Bolaji As Executive Director, Soyoye As Non Executive Director

The Board of Directors of Guaranty Trust Bank plc, has announced the appointment of Mobolaji Lawal as an Executive Director and Babatunde Soyoye as...

How I Will Move Nigerian Tourism Industry To The Next Level – Director General

The acting Director-General of the Nigerian Tourism Development Corporation (NTDC), Mrs. Mariel Rae-Omoh, has rolled out plans to take tourism to the next level,...

Central Bank Of Nigeria Confirms Decline In Rate Of Currency Counterfeiting To 1 Percent

Central Bank of Nigeria (CBN) has confirmed that the prevalence of counterfeit notes in Nigeria from January to December 2016 was less than one...

Nigeria’s Federal Govt. Rakes In N5.24 Trillion From Treasury Single Account

The Accountant-General of the Federation (AGF), Mr. Ahmed Idris has announced that the sum of N5.244 trillion has so far been realized as inflows...
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