…Banks only able to pick up $68.51 million …To sell $20,000 to BDCs on Thursday Following its injection of $280 million into the Foreign Exchange Market on Tuesday, April 18,…
Read More CBN intervenes with $100m in FOREX Market
Category: Business
Dangote sells noodles company to Dufil
Dangote Flour Mills has sold its noodles firm to Dufil Prima Foods, makers of Indomie noodles, the company announced on Tuesday. According to the Group Managing Director of Dangote Flour…
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DangoteCem records 25.1% growth in 2016- Report
Dangote Cement plc continued with its recent upward growth as the company recorded a strong volume growth that resulted in 25.1 percent increase in revenues, amounting to N615.1bn for the…
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CBN sustains liquidity in forex market
…..…disburses $280 million to SMEs, BDCs, invisibles The Central Bank of Nigeria (CBN) on Tuesday, April 18, 2017, underscored its determination to sustain liquidity in the foreign exchange market with…
Read More CBN sustains liquidity in forex market CBN introduces use of form X for SMEs
As part of its determination to increase foreign exchange liquidity and improve access by Small and Medium Enterprises (SMEs) and retail businesses, the Central Bank of Nigeria (CBN) has introduced…
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