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Category: Economy

Economy

CBN auctions $185.86m in Retail

Iheanyi Ejiofor April 27, 2017 headline

Following Tuesday’s assurances by the Governor of the Central Bank of Nigeria, Godwin Emefiele, that the CBN will continue to intervene in the foreign exchange market, the apex Bank on…

Read More CBN auctions $185.86m in Retail
Economy

Nigeria will be out of recession by third quarter – Emefiele

Iheanyi Ejiofor April 26, 2017 cbnemefieleheadline

Godwin Emefiele, Governor of the Central Bank of Nigeria, has said that Nigeria should be out of recession by the third quarter of 2017 with the current efforts being made…

Read More Nigeria will be out of recession by third quarter – Emefiele
Business Economy

CBN sells $25m in new FX window for investors, exporters

Iheanyi Ejiofor April 25, 2017 headline

… Dealers fail to subscribe fully to CBN’s $150m offer   The Central Bank of Nigeria (CBN) on Tuesday, April 25, 2017, commenced interventions in the new Investors’ & Exporters’ FX…

Read More CBN sells $25m in new FX window for investors, exporters
Economy Finance | Banking

FOREX: CBN injects $246.2m for wholesale, SMEs, invisibles  

Iheanyi Ejiofor April 24, 2017 cbnheadline

  The Central Bank of Nigeria (CBN) on Monday, April 24, 2017, offered the sum of $246.2 million to authorized dealers at the forex auction in the interbank wholesale window,…

Read More FOREX: CBN injects $246.2m for wholesale, SMEs, invisibles  
Airlines Avaition | Transport Business Economy

Air Peace raises alarm over attack on its staff, facilities by stranded passengers

Iheanyi Ejiofor April 22, 2017 headline

Ebun Francis || One of Nigeria’s emerging airlines, Air Peace has decried that attack of passengers on its staff and facilities across the Country as the Airlines such attack is crippling…

Read More Air Peace raises alarm over attack on its staff, facilities by stranded passengers

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