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…
Read More Forex: CBN sells $331.41m at SMIS
Category: Business
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…
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Adelabu to disengage from CBN as deputy governor
President Muhammadu Buhari has approved the disengagement of the Deputy Governor in charge of Operations at the Central Bank of Nigeria (CBN), Mr. Adebayo Adelabu, with effect from July 15,…
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CBN Sustains FOREX Market Intervention with $210m
The Central Bank of Nigeria (CBN), on Wednesday, May 30, 2018, again sustained its supply in the inter-bank Foreign Exchange market with the sum of $210 million. The Bank offered the…
Read More CBN Sustains FOREX Market Intervention with $210m
Dangote Foundation empowers women with N130m grant
The Aliko Dangote Foundation has commenced the disbursement of N130 million to 13,000 women in Nasarawa state under its micro-grant scheme. Alhaji Aliko Dangote, chairman of the foundation, while flagging-off…
Read More Dangote Foundation empowers women with N130m grant