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…
Read More Retail SMIs get $262.5m CBN boost
Category: Economy
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…
Read More Appeal Court Upholds Interim Forfeiture Of Patience Jonathan’s $5.8m, N2.5bn
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…
Read More Dangote’s Fortunes Rise On Forbes 2018 List Of Continent’s Richest
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…
Read More Customs reveals secret behind 2017 revenue performance
100 Multi-million dollar buoys procured by NPA rot away in Australia
Funso Olojo || The Nigerian Ports Authority (NPA) may have taken to a higher notch the pervasive impunity and utter disregard for constituted authority among government agencies over the controversial…
Read More 100 Multi-million dollar buoys procured by NPA rot away in Australia