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Category: Economy

Business Economy

Forex: CBN injects $303m, CNY 46.58m into retail SMIS

Iheanyi Ejiofor September 8, 2018

The Central Bank of Nigeria (CBN), on Friday, September 7, 2018, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales. This is in addition to the…

Read More Forex: CBN injects $303m, CNY 46.58m into retail SMIS
Economy headline

Buhari returns to Abuja after 6-day trip to China

Iheanyi Ejiofor September 7, 2018 headline

President Muhammadu Buhari on Thursday night arrived Abuja, the nation’s capital after a six-day visit to China. President Buhari was in Beijing, China where he participated in the seventh summit of China-Africa…

Read More Buhari returns to Abuja after 6-day trip to China
Economy headline

I am fully committed to Mambilla Power Project, Buhari tells Chinese president

Iheanyi Ejiofor September 6, 2018 headline

President Muhammadu Buhari says his administration remains committed to the realisation of the Mambilla Hydropower Plant project in Taraba State. The President said this on Wednesday in Beijing during a…

Read More I am fully committed to Mambilla Power Project, Buhari tells Chinese president
Business Economy

Osinbajo storms Abuja market with Tradermoni

Iheanyi Ejiofor September 6, 2018 headline

Prof Yemi Osinbajo, Nigeria’s vice president on Thursday visited the Utako Market in Abuja to witness the disbursement of collateral and interest-free loan, Tradermoni to petty traders. The scheme is…

Read More Osinbajo storms Abuja market with Tradermoni
Business Economy headline

CBN boosts forex market with $210m

Iheanyi Ejiofor September 4, 2018 headline

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. The CBN, in its quest…

Read More CBN boosts forex market with $210m

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