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Category: Economy

Business Economy

Spraying, mutilation of naira abuse to national sovereignty – CBN

Iheanyi Ejiofor July 12, 2017 headline

The Central Bank of Nigeria has condemned the mutilation of naira notes, saying it represents an abuse on national sovereignty. The CBN’s acting Director of Corporate Communications, Mr. Isaac Okorafor,…

Read More Spraying, mutilation of naira abuse to national sovereignty – CBN
Business Economy

Nigeria can no longer afford to borrow to fund its budget – Adeosun

Iheanyi Ejiofor July 11, 2017 headline

Mrs. Kemi Adeosun, Nigeria’s Minister of Finance on Tuesday said that the country is no longer in a position to continue borrowing to fund its budget and must seek alternative…

Read More Nigeria can no longer afford to borrow to fund its budget – Adeosun
Business Economy

Etisalat Nigeria assures customers despite withdrawal by parent company

Iheanyi Ejiofor July 11, 2017 headline

Etisalat Nigeria has assured its customers of continuous and quality service despite the decision of Etisalat to terminated its management agreement with its Nigerian arm. The decision of the Abu…

Read More Etisalat Nigeria assures customers despite withdrawal by parent company
Business Economy

CBN injects $142.5m into Forex market

Iheanyi Ejiofor July 11, 2017 headline

The Central Bank of Nigeria (CBN) on Monday, July 10, 2017, injected a total of $142.5 million into the inter-bank foreign exchange, days after intervening in the retail segment of the…

Read More CBN injects $142.5m into Forex market
Business Economy

My obligation to Nigerians is to ensure the economy rebounds- Emefiele

Iheanyi Ejiofor July 10, 2017 headline

The Governor of Nigeria’s Central Bank (CBN), Mr. Godwin Emefiele, on Sunday said that his obligation to Nigerians is to ensure that the economy rebounds and that he is confident…

Read More My obligation to Nigerians is to ensure the economy rebounds- Emefiele

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