Bankers in the country have expressed their readiness to enforce the law against the abuse of naira notes by setting up mobile courts to punish violators of the currency. They…
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Category: Economy
Traders bet on oil at $100 as Iran sanctions loom
Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record…
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Oil and Gas Export Sales up 35% to $416m
The Nigerian National Petroleum Corporation, NNPC, has announced a total crude oil and gas export sales of $416.07 million in June 2018, which is 35.78 per cent higher than the previous…
Read More Oil and Gas Export Sales up 35% to $416m
World Investors Week: SEC charges Nigerians on financial inclusion
The Securities and Exchange Commission (SEC) on Thursday charged Nigerians to key into the financial system and invest in the capital market. The Director-General, Ms Mary Uduk, stated this while…
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Forex: CBN boosts market with $210
The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Wednesday, October 3, 2018,…
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