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Category: Business

Business Economy

Boko Haram can’t stop oil exploration in the Chad basin- UNIMAID VC

Iheanyi Ejiofor July 31, 2017 headline

The vice-chancellor of University of Maiduguri’ Prof Ibrahim Njodi on Monday said that last weeks attack by the Boko Haram insurgents on oil explorers which included staff of the University…

Read More Boko Haram can’t stop oil exploration in the Chad basin- UNIMAID VC
Business Economy

CBN moves to sustain liquidity with $195m intervention in forex market

Iheanyi Ejiofor July 31, 2017 headline

The Central Bank of Nigeria (CBN) on Monday, July 31, 2017, offered $100 million in wholesale auction at the inter-bank Foreign Exchange market and intervened in the Small and Medium…

Read More CBN moves to sustain liquidity with $195m intervention in forex market
Business Economy

Inter-Bank Forex Market gets $462m CBN boost

Iheanyi Ejiofor July 28, 2017 headline

In line with its commitment to sustain and deepen flexibility in the foreign exchange market to further enhance foreign exchange flow in the economy, the Central Bank of Nigeria (CBN)…

Read More Inter-Bank Forex Market gets $462m CBN boost
Business Economy

Dangote’s net worth rises to $16.2bn as Forbes releases new list of Billonaires

Iheanyi Ejiofor July 28, 2017 headline

Arica’s richest man and President, Dangote Group, Alhaji Aliko Dangote, on Thursday saw his net worth increase by $162m to $16.2bn on the day Jeff Bezos, Founder of Amazon, briefly dethroned…

Read More Dangote’s net worth rises to $16.2bn as Forbes releases new list of Billonaires
Business Economy

NNPC halts oil search in the Chad basin after Boko Haram attack

Iheanyi Ejiofor July 28, 2017 headline

The federal government on Thursday announced that it will halt oil exploration in the Chad basin for now following Tuesday’s devastating attack by Boko Haram insurgents on oil explorer’s that…

Read More NNPC halts oil search in the Chad basin after Boko Haram attack

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