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Category: Economy

Business Economy

CBN pumps $543m, CNY 63m into Forex market

Iheanyi Ejiofor August 24, 2018 headline

…Retail segment receives $323m boost …Wholesale segment gets $100m …SMEs, Invisibles get $55m each In another major round of interventions, the Central Bank of Nigeria (CBN) on Thursday, August 23…

Read More CBN pumps $543m, CNY 63m into Forex market
Economy headline

South Sudan re-launches oil production

Iheanyi Ejiofor August 24, 2018 headline

  By Emeka Ejere South Sudan has concluded intensive preparations for the re-launch of its oil production on Saturday at Toma South blocks 1, 2 and 4. The Toma South…

Read More South Sudan re-launches oil production
Economy headline

e4, others top Ecobank Fintech competition

Iheanyi Ejiofor August 24, 2018 headline

e4, technology company, is one of the top 11 finalists in the Ecobank Fintech Challenge for its new Virtual Identity product, a competition designed to further develop Africa as one…

Read More e4, others top Ecobank Fintech competition
Business Economy headline

CBN unveils guidelines for long-term credit to agric, manufacturing

Iheanyi Ejiofor August 23, 2018 headline

The Central Bank of Nigeria (CBN) has underscored its intention to increase the flow of credit to the real sector of the economy, in order to consolidate and sustain the…

Read More CBN unveils guidelines for long-term credit to agric, manufacturing
Economy headline

CBN issues guideline for Loans for manufacturing, agric, other sectors at 9%

Iheanyi Ejiofor August 23, 2018 headline

By Emeka Ejere   Agricultural, manufacturing  and the sectors considered as growth and employment stimulating,   can now borrow long term as much as N10billion at consolidated nine per cent interest…

Read More CBN issues guideline for Loans for manufacturing, agric, other sectors at 9%

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