The Central Bank of Nigeria (CBN) has continued its intervention in the inter-bank sector of the Foreign Exchange market by injecting another sum of $210 million into the forex market.…
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Category: Economy
UN Report: Oil-related crimes in 2018 cost Nigeria $2.8bn in revenue
The United Nations says Nigeria lost an estimated $2.8 billion in revenue in 2018, mainly due to oil-related crimes. This is according to a new report by the secretary-general on…
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Forex: CBN makes first intervention of 2019
The Central Bank of Nigeria (CBN) on Friday, January 4, 2019, made its first intervention in the inter-bank sector of the Foreign Exchange market for 2019 with a total sum…
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Minimum Wage: FG, Labour resume talks Friday
The federal government says it will meet with labour unions to prevent the threat of national industrial action over non transmission of the New National Minimum Wage bill to the…
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Forbes ranks Nigeria 110th best country for business
Nigeria has been rated the 110th best country for business in the world in 2019, out of 161 graded countries. Top on the list are United Kingdom (1), Sweden (2),…
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