The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market, to meet customers’ requests in various segments of the market. Figures obtained…
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Category: Economy
Retail SMIs get $262.5m CBN boost
In its first Retail Secondary Market Intervention Sales (SMIS) for the year, the Central Bank of Nigeria (CBN) on Friday, January 12, 2018, intervened in the inter-bank Foreign Exchange Market…
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Appeal Court Upholds Interim Forfeiture Of Patience Jonathan’s $5.8m, N2.5bn
The Court of Appeal in Lagos on Friday upheld the order of interim forfeiture of the sum of $5, 842, 316.66 and N2, 421, 953, 522.78 traced to the accounts…
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Dangote’s Fortunes Rise On Forbes 2018 List Of Continent’s Richest
Buoyed by rising stock markets and commodity prices, Africa’s billionaires are collectively wealthier than a year ago. The 23 billionaires that Forbes found in Africa – up from 21 billionaires…
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Customs reveals secret behind 2017 revenue performance
The Nigeria Customs Service has disclosed the driving force behind its unprecedented collection of the 2017 revenue which stands at N1,037,102,179,400.58 as at December 31st, 2017. Still basking in the…
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