The central Bank of Nigeria on Monday, ahead of the outcome of the ongoing monetary policy meeting, MPC, in Abuja, injected over $250m into the foreign exchange market. A breakdown of…
Read More CBN intensify supply into forex market with $255m
Category: Economy
I will resign if Nigeria still import fuel by 2019- Kachikwu
The Minister of state for Petroleum, Dr. Ibe Kachikwu has said he will resign from his current position if Nigeria continues with the importation of petroleum products by 2019. Kachikwu made…
Read More I will resign if Nigeria still import fuel by 2019- Kachikwu
S&P rates UBA ‘B/B’, the highest among Nigerian banks
The United Bank of Africa, UBA, has been rated ‘B’ long-term and ‘B’, short term by Standard and poor’s (S&P), an International rating agency. The ‘B’ rating is the highest currently…
Read More S&P rates UBA ‘B/B’, the highest among Nigerian banks
British Airways slashes Abuja- London fare
Customers flying British Airways (BA) through its Abuja-London route would pay a slashed fare of $277 between May 15, 2017, and June 30, 2017, for a one-way trip. Mr. Kola…
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A’Ibom lead other states with N34.8bn from FAAC allocation in 1/2
The first quarter 2017 federation account allocation committee, FAAC, report shows that the federal and state governments shared a total of N1.4 trillion. Akwa Ibom received N34.8bn, the highest allocation…
Read More A’Ibom lead other states with N34.8bn from FAAC allocation in 1/2