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Category: Business

Business Politics

OPEC heading for oil cut extension with a caveat

Iheanyi Ejiofor November 28, 2017

Emeka Ejere || OPEC and Russia are heading towards prolonging their oil supply cuts for the whole of 2018 but with an option to review the deal in June, OPEC…

Read More OPEC heading for oil cut extension with a caveat
Business Economy

Amnesty wants probe into Shell’s alleged role in 1990s Nigeria violence

Iheanyi Ejiofor November 28, 2017

Emeka Ejere || Amnesty International has called for a criminal investigation into the alleged role of Royal Dutch Shell in human rights abuses in Nigeria’s oil-rich Ogoniland in the 1990s,…

Read More Amnesty wants probe into Shell’s alleged role in 1990s Nigeria violence
Business Economy

CBN boosts Forex market with $210m

Iheanyi Ejiofor November 28, 2017 headline

The Central Bank of Nigeria (CBN) on Tuesday, November 28, 2017, announced the injection of another $210,000,000 to boost liquidity in the inter-bank Foreign Exchange Market. Disclosing this in Abuja,…

Read More CBN boosts Forex market with $210m
Business Economy

INTERVIEW: I inherited a tight monetary policy environment- Emefiele

Iheanyi Ejiofor November 27, 2017 headline

Mr. Godwin Emefiele was appointed the governor of Central Bank of Nigeria in February 2014 to replace Lamido Sanusi at the twilight of President Goodluck Jonathan’s administration. As the economy…

Read More INTERVIEW: I inherited a tight monetary policy environment- Emefiele
Business Economy

CBN ends Forex trading week with $288m Retail SMIS

Iheanyi Ejiofor November 24, 2017 headline

The Central Bank of Nigeria (CBN) on Friday, November 24, 2017, injected the sum of $287.89 into the Retail Secondary Market Intervention Sales (SMIS) in continuation of its resolve to…

Read More CBN ends Forex trading week with $288m Retail SMIS

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