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Category: Economy

Economy headline

10 years on, EFCC reopens Erastus Akingbola’s trial

Iheanyi Ejiofor March 12, 2019 No Comments 10 years onEFCC reopens Erastus Akingbola’s trial

The Economic and Financial Crimes Commission has reopened before the Federal High Court in Lagos, the 10-year fraud trial of a former Managing Director of the defunct Intercontinental Bank Plc,…

Read More 10 years on, EFCC reopens Erastus Akingbola’s trial
Economy headline

CBN to auction N89.5bn Treasury bills this week

Iheanyi Ejiofor March 12, 2019 No Comments CBN to auction N89.5bn Treasury bills this week

Ohe Central Bank of Nigeria is set to conduct a primary market auction on Wednesday to roll over N89.5bn worth of Treasury bills maturing on Thursday, across the 91-day (N5bn),…

Read More CBN to auction N89.5bn Treasury bills this week
Business Economy

CBN injects $269.92m, CNY 31.34m in Retail SMIS

Iheanyi Ejiofor March 8, 2019 No Comments

In continuation of its periodic intervention in the inter-bank segment of the foreign exchange market, the Central Bank of Nigeria (CBN) on Friday, March 8, 2019, injected the sums of…

Read More CBN injects $269.92m, CNY 31.34m in Retail SMIS
Business Economy

CBN, EFCC meet to tackle economic crimes

Iheanyi Ejiofor March 7, 2019 No Comments

…may bar culprits from opening bank accounts in Nigeria   Officials of the Central Bank of Nigeria (CBN) and their counterparts in the Economic and Financial Crimes Commission (EFCC) met…

Read More CBN, EFCC meet to tackle economic crimes
Economy headline

Former CBN govenor, wife buy N15.6bn property in UK – Report

Iheanyi Ejiofor March 7, 2019 No Comments Former CBN govenorwife buy N15.6bn property in UK - Report

Paul Ogwuma, former governor of the Central Bank of Nigeria (CBN) and his wife have acquired property worth £33 million (N15.6 billion), a UK investigative journalism magazine has revealed. According…

Read More Former CBN govenor, wife buy N15.6bn property in UK – Report

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