The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market…
Read More Forex: CBN gives Retail SMIS $343.06m boostCategory: Business
N14 billion judgment: Innoson Motors denies retracting position
Innoson Motors on Wednesday said its earlier position on the outcome of the Supreme Court sitting in a suit involving GTBank remains valid. The suit involved a temporary motion brought…
Read More N14 billion judgment: Innoson Motors denies retracting positionPresident Buhari to sign the 2018 budget next week
Ebun Francis| President Muhammadu Buhari will sign the 2018 budget next week. Femi Adesina, the Special Adviser to the President on Media and Publicity, disclosed this on Wednesday to newsmen…
Read More President Buhari to sign the 2018 budget next weekInflation declines for 16th straight month to 11.61% — below FG’s 2018 target
Ebun Francis| Nigeria’s annual inflation has dropped to 11.61% in May, below the federal government’s projection of 12.42% set in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper,…
Read More Inflation declines for 16th straight month to 11.61% — below FG’s 2018 targetUTC, Ashaka Cement among 22 firms delisted from NSE
Emeka Ejere| The Nigerian Stock Exchange (NSE) expelled no fewer than 22 companies between 2016 and 2017 over non-performance and failure to meet the required post-quotation standards. Data obtained by…
Read More UTC, Ashaka Cement among 22 firms delisted from NSE
