The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market, to meet customers’ requests in various segments of the market. Figures obtained…
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Category: Business
Retail SMIs get $262.5m CBN boost
In its first Retail Secondary Market Intervention Sales (SMIS) for the year, the Central Bank of Nigeria (CBN) on Friday, January 12, 2018, intervened in the inter-bank Foreign Exchange Market…
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Dangote’s Fortunes Rise On Forbes 2018 List Of Continent’s Richest
Buoyed by rising stock markets and commodity prices, Africa’s billionaires are collectively wealthier than a year ago. The 23 billionaires that Forbes found in Africa – up from 21 billionaires…
Read More Dangote’s Fortunes Rise On Forbes 2018 List Of Continent’s Richest
CBN disowns fake Emefiele Twitter handles
The central bank of Nigeria (CBN) has disowned several twitter accounts purportedly owned by the Gover of Nigeria’s central bank governor, Mr. Godwin Emefiele. In a statement on Tuesday, Isaac Okorafor, Ag.…
Read More CBN disowns fake Emefiele Twitter handles Nigeria’s External Reserves hit $40.4 Billion
As projected by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele at the Annual Bankers’ Dinner of the Chartered Institute of Bankers (CIBN) in Lagos last November, the…
Read More Nigeria’s External Reserves hit $40.4 Billion