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Category: Business

Business Economy headline

No change in Nigeria’s exchange rate structure- CBN

Iheanyi Ejiofor June 12, 2019 No Comments

The Central Bank of Nigeria on Wednesday denied reports in some sections of the media that it has floated the country’s currency, the naira. In a statement sent to Alabingo.com,…

Read More No change in Nigeria’s exchange rate structure- CBN
Business Economy headline

CBN Injects $210 Million into Forex Market

Iheanyi Ejiofor June 12, 2019 No Comments #CBN Injects $210 Million into Forex Market

ABUJA – The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, June…

Read More CBN Injects $210 Million into Forex Market
Business Economy headline

Lack of skill partly responsible for unemployment in Africa- Adesina

Iheanyi Ejiofor June 11, 2019 No Comments #Lack of skill partly responsible for unemployment in Africa- Adesina

The president of the African Development Bank (AfDB), Akinwumi Adesina, has said that lack of skills among job seekers in Africa is partly responsible for the problem of unemployment in…

Read More Lack of skill partly responsible for unemployment in Africa- Adesina
Business Economy headline

SEC orders Oando to suspend AGM

Iheanyi Ejiofor June 10, 2019 No Comments #SEC orders Oando to suspend AGM

Ebun Francis| The Securities and Exchange Commission (SEC) has directed Oando Plc to suspend its scheduled Annual General Meeting. The directive was contained in statement made availabe to newsmen on…

Read More SEC orders Oando to suspend AGM
Business Economy headline

Economy: Emefiele seeks stronger efforts against global shocks

Iheanyi Ejiofor June 8, 2019 No Comments #Emefiele seeks stronger efforts against global shocks

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Saturday emphasised the need to strengthen efforts over the coming years to stimulate growth and create jobs in…

Read More Economy: Emefiele seeks stronger efforts against global shocks

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