The Central Bank of Nigeria (CBN) on Tuesday, November 28, 2017, announced the injection of another $210,000,000 to boost liquidity in the inter-bank Foreign Exchange Market. Disclosing this in Abuja,…
Read More CBN boosts Forex market with $210m
Category: Economy
2018 budget ‘ fictitiuos’ and ‘dead on arrival’- Senator Abaribe
Ebun Francis || Senator Eyinnaya Abaribe, the PDP Senator representing Abia South in the National Assembly caused an uproar on the Senate floor on Tuesday when said the 2018 budget…
Read More 2018 budget ‘ fictitiuos’ and ‘dead on arrival’- Senator Abaribe
Operators condemn move by Navy to usurp NIMASA’ role
Stakeholders in the Nigerian maritime industry have opposed moves by the Nigerian Navy seeking amendment to the Nigerian Maritime Administration and Safety (NIMASA) Act to contribute 1% of its revenue…
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INTERVIEW: I inherited a tight monetary policy environment- Emefiele
Mr. Godwin Emefiele was appointed the governor of Central Bank of Nigeria in February 2014 to replace Lamido Sanusi at the twilight of President Goodluck Jonathan’s administration. As the economy…
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CBN ends Forex trading week with $288m Retail SMIS
The Central Bank of Nigeria (CBN) on Friday, November 24, 2017, injected the sum of $287.89 into the Retail Secondary Market Intervention Sales (SMIS) in continuation of its resolve to…
Read More CBN ends Forex trading week with $288m Retail SMIS