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Category: Business

Business Economy

WE have adequate Forex for PTA, BTA, Tuition & Medical Fees -CBN

Iheanyi Ejiofor April 1, 2017 headline

Kunle Binuyo || The Central Bank of Nigeria (CBN) has described as totally untrue information being fed to some customers seeking to buy forex for BTA, PTA, medical and school…

Read More WE have adequate Forex for PTA, BTA, Tuition & Medical Fees -CBN
Business Economy

MTN pays another $30 billion to FG to settle fine

Iheanyi Ejiofor March 31, 2017 headlinemtn

MTN Nigeria has paid N30 billion to the federal government as part settlement of the N330 billion fine imposed on the MTN group for failing to disconnect unregistered SIM cards…

Read More MTN pays another $30 billion to FG to settle fine
Business Economy

Forex management: We will not bow to ‘self serving’ interests- CBN

Iheanyi Ejiofor January 27, 2017

Chidi Samuel The Central Bank of Nigeria (CBN) says, it will not reverse its foreign exchange policy currently aimed at conserving foreign exchange, stimulating agriculture and manufacturing and promoting exports…

Read More Forex management: We will not bow to ‘self serving’ interests- CBN
Business Economy

Court orders OPL 245 returned to Nigerian government

Iheanyi Ejiofor January 26, 2017

Ebun Francis Justice John Tsoho of the Federal High Court on Thursday granted an order mandating the return of the controversial OPL245 to the Federal Government of Nigeria, pending “the…

Read More Court orders OPL 245 returned to Nigerian government
Breaking Business Economy

(Updated) CBN MPC retains interest rate at record high

Iheanyi Ejiofor January 24, 2017

 The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) Tuesday voted to retain benchmark interest rates at record high of 14 percent. Central Bank Governor, Godwin Emefiele, announced that…

Read More (Updated) CBN MPC retains interest rate at record high

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