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Category: Economy

Economy

CBN to sustain foreign exchange liquidity

Iheanyi Ejiofor April 2, 2017 dollarforexheadline

The Central Bank of Nigeria has reiterated its decision to sustain the supply of foreign exchange in order to ensure liquidity in the market and enable genuine users access and…

Read More CBN to sustain foreign exchange liquidity
Business Economy

WE have adequate Forex for PTA, BTA, Tuition & Medical Fees -CBN

Iheanyi Ejiofor April 1, 2017 headline

Kunle Binuyo || The Central Bank of Nigeria (CBN) has described as totally untrue information being fed to some customers seeking to buy forex for BTA, PTA, medical and school…

Read More WE have adequate Forex for PTA, BTA, Tuition & Medical Fees -CBN
Business Economy

MTN pays another $30 billion to FG to settle fine

Iheanyi Ejiofor March 31, 2017 headlinemtn

MTN Nigeria has paid N30 billion to the federal government as part settlement of the N330 billion fine imposed on the MTN group for failing to disconnect unregistered SIM cards…

Read More MTN pays another $30 billion to FG to settle fine
Economy

CBN doubles FOREX supply to BDCs…offers $100m for forwards

Iheanyi Ejiofor March 30, 2017 cbnforexheadline

The Central Bank of Nigeria has announced a planned increase in supply of FOREX to licensed Bureau de Change operators across the country. This is in line with its promise…

Read More CBN doubles FOREX supply to BDCs…offers $100m for forwards
Economy

FG approves $500m Eurobond

Iheanyi Ejiofor March 29, 2017 headline

Chidi Samuel || The Minister of Finance, Mrs Kemi Adeosun on Wednesday disclosed that the federal government has approved the $500 million Eurobond from the international capital market to fund…

Read More FG approves $500m Eurobond

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