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Category: Economy

Business Economy headline

Forex: CBN Injects $210m into Inter-Bank Market

Iheanyi Ejiofor January 29, 2019 headline

In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) on Tuesday, January 29, 2019, injected another sum of $210 million into the…

Read More Forex: CBN Injects $210m into Inter-Bank Market
Business Economy Features

Davos: Africa boosts free trade while global barriers go up

Iheanyi Ejiofor January 26, 2019

A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half…

Read More Davos: Africa boosts free trade while global barriers go up
Business Economy headline

TraderMoni, a form of vote buying, says Transparency International

Iheanyi Ejiofor January 25, 2019 headline

Transparency International Nigeria has said the TraderMoni scheme, a collateral-free loan initiative targeted at petty traders and artisans as part of the National Social Investment Programme of the Federal Government,…

Read More TraderMoni, a form of vote buying, says Transparency International
Economy headline

Forex Intervention: CBN injects $289.76m, CNY 38.70m into Retail SMIS

Iheanyi Ejiofor January 25, 2019 CNY 38.70m into Retail SMISForex Intervention: CBN injects $289.76m

Following its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN) on Friday, January 25, 2019, injected the sum of $289.76million into the retail Secondary…

Read More Forex Intervention: CBN injects $289.76m, CNY 38.70m into Retail SMIS
Business Economy headline News

I am ready to lead the World Bank- Okonjo Iweala

Iheanyi Ejiofor January 25, 2019 headline

Nigeria’s two time minister, and former World bank vice president, Ngozi Okonjo-Iweala, has said, she is ready to lead the World Bank if nominated for the job. Okonjo Iweala who…

Read More I am ready to lead the World Bank- Okonjo Iweala

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