As anticipated last weekend, the Central Bank of Nigeria (CBN) on Tuesday, March 14, 2017, sustained the supply of foreign exchange to the market by concluding arrangement to release the…
Read More Again, CBN Boosts FOREX Supply with $195m
Category: Economy
FOREX: CBN continue to flood market
There are strong indications that the Central Bank of Nigeria (CBN) is unrelenting in its move to ensure liquidity in the interbank FOREX market, as it will inject more foreign…
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CBN sustains forex supply, releases additional $170m
As more customers of banks and other business people overcome the earlier difficulties in obtaining forex for their transactions, and in a bid to sustain the tempo of foreign exchange…
Read More CBN sustains forex supply, releases additional $170m
FG releases much-awaited economic recovery plan
The federal government has finally released its economic recovery and growth plan (ERGP), which has been in the works since 2016. The document which was released by the Ministry of…
Read More FG releases much-awaited economic recovery plan
Shell shuts down Bonga, Nigeria’s oil production affected
Shell Nigeria Exploration and Production Company (SNEPCo) has shut production at Nigeria’s Bonga oil field. The exercise, which started on March 4, was for maintenance purposes which will last a…
Read More Shell shuts down Bonga, Nigeria’s oil production affected