The Central Bank of Nigeria (CBN) has again intervened in the inter-bank Foreign Exchange Market to the tune of $210 million. According to the figures obtained from the CBN on…
Read More Forex: CBN intervenes again with $210m
Category: Economy
Trump slaps $200 billion tariffs on Chinese goods
U.S. President Donald Trump said on Monday escalated the trade tension with China as he approved the imposition of 10 percent U.S. tariffs on about $200 billion worth of Chinese…
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Coca-Cola ‘in talks’ over cannabis-infused drinks
Coca-Cola is best known for its eponymous caffeine-based drink, but the firm now appears to be experimenting with a different drug: cannabis. According to Canada’s BNN Bloomberg, the drinks giant…
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CBN moves to protect bank customers, announces penalty for failed transaction reversals
The Central Bank of Nigeria has in a bid to protect bank customers said that any failed Nigerian Instant Payment (NIP) transaction not reversed into the customer’s account within 24…
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$10bn fraud: NLC blasts MTN, says it must refund FG
The Nigeria Labour Congress (NLC) has urged communication giant, MTN Nigeria to comply with the directive of the Federal Government to pay the over $10 billion tax arrears and illegal…
Read More $10bn fraud: NLC blasts MTN, says it must refund FG