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Category: Economy

Business Economy

Naira lifted Again As CBN Injects $418m

Iheanyi Ejiofor June 13, 2017 headline

…Investors/Exports Segment Hits $2.2BN The Naira is set to be given further lift in the forex market with CBN’s injection of another $418 million into various segments of the Interbank…

Read More Naira lifted Again As CBN Injects $418m
Economy

FIRS generates N778bn in first quarter 2017

Iheanyi Ejiofor June 13, 2017 headline

The Federal Inland Revenue Service (FIRS) says it generated N778.19 billion revenue in the first quarter of 2017. This is according to a progress report by the FIRS sent to…

Read More FIRS generates N778bn in first quarter 2017
Business Economy

CBN boosts FOREX market with $413.5m

Iheanyi Ejiofor June 12, 2017 headline

The Central Bank of Nigeria (CBN) has intervened in the Interbank Foreign Exchange market to the tune of $413.5 million, further underscoring its resolve to guarantee liquidity in the market…

Read More CBN boosts FOREX market with $413.5m
Breaking Economy

( UPDATED) Osinbajo signs 2017 Budget

Iheanyi Ejiofor June 12, 2017 headline

Prof Yemi Osinbajo, Nigeria’s Acting President on Monday 12th June, signed the 2017 budget into law. The signing was witnessed by Dr. Bukola Saraki, Senate President; Yakubu Dogara, Speaker of…

Read More ( UPDATED) Osinbajo signs 2017 Budget
Economy

FG releases details of Paris Club refunds to states

Iheanyi Ejiofor June 9, 2017 headline

Press release The federal government has finally released a breakdown of the first tranche of Paris Club refunds paid to states to date. The payments, totaling N516.38 billion, were made…

Read More FG releases details of Paris Club refunds to states

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