The Central Bank of Nigeria (CBN) has intervened in the Interbank Foreign Exchange market to the tune of $413.5 million, further underscoring its resolve to guarantee liquidity in the market…
Read More CBN boosts FOREX market with $413.5m
Category: Business
We did not concession any refinery to Oando and Agip- Kachikwu
The minister of state for Petroleum, Dr. Ibe Kachikwu on Thursday said that Nigeria needs about $1.2bn to repair the three refineries owned by the Nigeria National Petroleum Corporation, NNPC and…
Read More We did not concession any refinery to Oando and Agip- Kachikwu
Dangote makes $1.1bn in six days
Africa’s richest man Aliko Dangote made a staggering $1.1bn in the last six days following the extraordinary rally of the Nigerian Stock Market. Available information shows that NSE has gained…
Read More Dangote makes $1.1bn in six days CBN injects $190m into Forex market, opens up market
Relentless in its push to achieve convergence of rates in the interbank and Bureau de Change segments of the foreign exchange market, the Central Bank of Nigeria (CBN) on Monday,…
Read More CBN injects $190m into Forex market, opens up market
Ease of doing business order yet to affect port operations—Stakeholders.
Though the Federal Government has approved a reduction in the unnecessary documentation for imports and exports at the nation’s seaports, stakeholders in the maritime sector have lamented that the directive…
Read More Ease of doing business order yet to affect port operations—Stakeholders.