The Central Bank of Nigeria (CBN), on Wednesday, May 2, 2018, injected the sum of $210 million into the inter-bank Foreign Exchange market in continuation of its efforts to sustain…
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Category: Economy
Buhari’s visit already yielding: U.S. to repatriate $500m
The visit of President Muhammadu Buhari to U.S. President Donald Trump has yielded the finalisation of negotiations to repatriate more than 500 million dollars (about 190 billion Naira) of Nigeria’s…
Read More Buhari’s visit already yielding: U.S. to repatriate $500m
There is no fire incident at CBN head office- Okorafor
Ebun Francis| The central bank of Nigeria has refuted reports of a fire incident at the Apex banks headquarters, Abuja on Tuesday. In a statement by Isaac Okorafor, Ag. Director, Corporate Communications,…
Read More There is no fire incident at CBN head office- Okorafor
FG signs interim agreement for railway concession
Press Release| The federal government and four companies led by General Electric have signed an agreement to start the interim phase of the Nigerian narrow-gauge railway concession. According to a…
Read More FG signs interim agreement for railway concession
FCMB shareholders approve N1.98bn dividend
Emeka Ejere | Shareholders of FCMB Group Plc on Friday at the Annual General Meeting approved a dividend of N1.98 billion for the financial year ended Dec. 31, 2017. They…
Read More FCMB shareholders approve N1.98bn dividend