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Category: Economy

Business Economy

Forex: CBN creates FX window for Investors, Exporters

Iheanyi Ejiofor April 21, 2017 headline

Two weeks after opening a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible finished and semi-finished items, the Central Bank of Nigeria (CBN) on…

Read More Forex: CBN creates FX window for Investors, Exporters
Business Economy

Osinbajo advocates Continental Response To Maritime Challenges

Iheanyi Ejiofor April 20, 2017 headline

  New NIMASA logo unveiled at the conference Chidi Samuel || Nigeria’s Vice President, Prof. Yemi Osinbajo on Thursday said the Strengthening of the coast guard function and timely exchange…

Read More Osinbajo advocates Continental Response To Maritime Challenges
Business Economy

Forex: Scramble for dollar abates as CBN intervention pays off

Iheanyi Ejiofor April 20, 2017 headline

…Naira to appreciate further ahead of Friday Interventions The Naira firmed up at the Bureau de Change (BDCs) segment on Thursday, April 20, 2017, trading at between N376 and N378…

Read More Forex: Scramble for dollar abates as CBN intervention pays off
Business Economy

CBN intervenes with $100m in FOREX Market

Iheanyi Ejiofor April 19, 2017 headline

…Banks only able to pick up $68.51 million …To sell $20,000 to BDCs on Thursday Following its injection of $280 million into the Foreign Exchange Market on Tuesday, April 18,…

Read More CBN intervenes with $100m in FOREX Market
Business Economy

DangoteCem records 25.1% growth in 2016- Report

Iheanyi Ejiofor April 19, 2017 headline

Dangote Cement plc continued with its recent upward growth as the company recorded a strong volume growth that resulted in 25.1 percent increase in revenues, amounting to N615.1bn for the…

Read More DangoteCem records 25.1% growth in 2016- Report

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