The Central Bank of Nigeria (CBN) has denied a newspaper report alleging that one of its Deputy Governors was arrested and made to forfeit some amount of money to the Economic…
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Category: Economy
Early Xmas! A bag of rice to be sold for N6000
Ebun Francis || A bag of 50kg rice will be sold for N6000 only in the next few weeks according to Aminu Goronyo, the National President of Rice Farmers Association…
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N100b Sukuk bond proceeds to be spent on roads
Agency report || The Minister of Finance, Kemi Adeosun, has disclosed that proceeds of the N100 billion Islamic bond, Sukuk, will be released to the Ministry of Works on Thursday.…
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2017 budget to be rolled over into 2018 -Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, has revealed Federal Government’s plan to roll over at least 60 per cent of 2017 capital projects to 2018 budget proposal. Adeosun made…
Read More 2017 budget to be rolled over into 2018 -Adeosun CBN injects another $195m into Forex market
The Central Bank of Nigeria (CBN), in continuation of its efforts to sustain FOREX liquidity in the country, on Tuesday, October 3, 2017, intervened in the inter-bank Foreign Exchange Market…
Read More CBN injects another $195m into Forex market