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Category: Business

Business Economy headline

CBN unveils guidelines for long-term credit to agric, manufacturing

Iheanyi Ejiofor August 27, 2018 headline

The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector of the economy, in order to consolidate and sustain the…

Read More CBN unveils guidelines for long-term credit to agric, manufacturing
Business Economy

CBN pumps $543m, CNY 63m into Forex market

Iheanyi Ejiofor August 24, 2018 headline

…Retail segment receives $323m boost …Wholesale segment gets $100m …SMEs, Invisibles get $55m each In another major round of interventions, the Central Bank of Nigeria (CBN) on Thursday, August 23…

Read More CBN pumps $543m, CNY 63m into Forex market
Business Economy headline

CBN unveils guidelines for long-term credit to agric, manufacturing

Iheanyi Ejiofor August 23, 2018 headline

The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector of the economy, in order to consolidate and sustain the…

Read More CBN unveils guidelines for long-term credit to agric, manufacturing
Business Economy headline

Nigeria’s foreign exchange inflow hits $91bn in 2017 – CBN

Iheanyi Ejiofor August 17, 2018 headline

The Central Bank of Nigeria (CBN), says the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The bank disclosed in its 2017 annual report released…

Read More Nigeria’s foreign exchange inflow hits $91bn in 2017 – CBN
Business Economy headline

Nigeria’s Inflation Drops To 11.14%

Iheanyi Ejiofor August 15, 2018 headline

Nigeria’s inflation fell from 11.23 to 11.14% for the month of July, statistics released by the National Bureau of Statistics (NBS) on Wednesday showed. According to the NBS, the consumer…

Read More Nigeria’s Inflation Drops To 11.14%

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