Nigeria’s central bank offered six-and 12-month Treasuries at yields higher than the country’s inflation rate on Friday to lure yield-hungry investors and attract dollar inflows, traders said. Severe dollar shortages…
Read More CBN sells treasuries above inflation to attract forex flows
Following the order of a Lagos High for the forfeiture of the sum $793.2m domiciled in seven banks which they failed to remit to the federal government at the introduction of…
Read More UBA, Fidelity and Sterling banks deny withholding money from TSA account
Emerging Markets Telecommunication Services Limited, EMTS, has formally confirmed that it has adopted 9mobile as the brand name for Etisalat. In a statement on Tuesday, EMTS said, “Emerging Markets Telecommunication Services Limited…
Read More Etisalat Nigeria formally announces 9mobile as new name The Central Bank of Nigeria (CBN), in continuation of its FOREX supply drive, on Monday, July 17, 2017, intervened in the Inter-bank Foreign Exchange Market to the tune of $195million.…
Read More CBN boosts forex supply with $195m
Senate President, Bukola Saraki has told the Col Hameed Ali. the Comptroller General of Nigeria Customs Service that the Senate will allow him to appear in Jeans and Trousers before…
Read More End smuggling and you can appear before senate in ”Jeans and Tshirt”- Saraki teases Ali