The interbank segment of the Foreign Exchange Market has received a fresh boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded on Tuesday, July 16,…
Read More CBN Intervenes in Forex market with $210 Million
Category: Economy
Buhari approves payment of minimum wage for workers earning below N30,000
Chidi Samuel| President Muhammadu Buhari has approved the immediate commencement of payment of minimum wage for federal public service workers currently earning below N30,000. The Personal Assistant to the President…
Read More Buhari approves payment of minimum wage for workers earning below N30,000
South Africa pledges to unmask killers of Ndubuisi-Chukwu
Chid Samuel| South Africa on Tuesday promised to unravel the circumstances surrounding to the death of Nigerian Insurance Chief Mrs. Elizabeth Ndubuisi-Chukwu in Emperor Palace Hotel, Johannesburg. The South African…
Read More South Africa pledges to unmask killers of Ndubuisi-ChukwuNNPC awards crude-for-fuel swap contracts
The Nigerian National Petroleum Corporation has issued award letters for contracts to exchange crude oil for imported petroleum products, Reuters quoted sources familiar with the matter as saying. A total…
Read More NNPC awards crude-for-fuel swap contractsPonzi scheme: SEC begins verification of 4,160 investors’ claims
The Securities and Exchange Commission has started verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by Dantata Success and Profitable Company. SEC had in February sealed…
Read More Ponzi scheme: SEC begins verification of 4,160 investors’ claims