Alabingo Finance Report || The United Bank for Africa (UBA) took advantage income from foreign exchange trading and term loans to corporate organizations to post a double digit profit-after-tax (PAT)…
Read More Securities, term loans lift UBA performance in Q3
Eurobonds made up more than a fifth of Nigeria’s $66.63 billion foreign debt portfolio as of September and more than half of interest paid in the third quarter, the Debt…
Read More Eurobonds account for a fifth of Nigeria’s $66.6 bn in foreign debt
The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the Inter-bank Foreign Exchange Market, even as the Naira maintains its strength.…
Read More Naira Remains Strong as CBN Pumps in $195m
Ebun Francis || The ministry of mines and power on Sunday denied claims that it spent N700m to build a website. Abbas Mohammed, the permanent secretary of the ministry who…
Read More We Invested N700m on IT Infrastructure, Human Capital and Civil Works, Not Website
…outlines projections for 2018 The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the dogged implementation of the Bank’s policy, which restricts importers of certain items access to…
Read More Emefiele lists gains of FX restriction on 41 Items