Emeka Ejere| A Niger Delta group, under the aegis of Niger Delta Activist Forum, has threatened to shut down the Nigeria Agip Oil Company (NAOC) if it fails to induct some…
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Category: Business
Forex: CBN Okays wider margin for BDCs
…Invisibles, SMEs windows get $55 m each The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of Bureau De Change (BDC)…
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NNPC debunks rumour on N36b royalty to PH refinery hosts
Emeka Ejere| Nigerian National Petroleum Corporation (NNPC) has dismissed rumours of an approved N36billion compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host…
Read More NNPC debunks rumour on N36b royalty to PH refinery hosts
Forex: CBN sells $331.41m at SMIS
In continuation of its push to guarantee foreign exchange liquidity, the Central Bank of Nigeria (CBN) on Friday, June 1, 2018, sold a total of $331.41million to players in different…
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Some Nigerian banks on the verge of collapse, says EFCC Boss Magu
Chidi Samuel Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has said that some Nigerian banks are on the verge of collapse due to…
Read More Some Nigerian banks on the verge of collapse, says EFCC Boss Magu