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Category: Economy

Business Economy

Inflation declines by 0.52 % in March

Iheanyi Ejiofor April 13, 2017 headline

Agency report || The National Bureau of Statistics on Thursday said that inflation dropped by 0.52 percent in March, the second decline recorded in the year- on- year basis. The…

Read More Inflation declines by 0.52 % in March
Business Economy

CBN releases additional $250m for Forwards market

Iheanyi Ejiofor April 12, 2017 headline

The Central Bank of Nigeria (CBN) on Wednesday, April 12, 2017, released additional $250 million on 7 to 30-day forwards for agriculture, airline, petroleum products and raw materials. The Bank…

Read More CBN releases additional $250m for Forwards market
Economy

Even if he must steal to develop Nigeria, Buhari must steal! – World Bank consultant

Iheanyi Ejiofor April 12, 2017 buhariheadline

A consultant for the World Bank and President of Nigeria Economic Society, Olu Ajakaiye, has said that the present administration under President Muhammadu Buhari must do all it can to…

Read More Even if he must steal to develop Nigeria, Buhari must steal! – World Bank consultant
Business Economy

Forex : CBN Sells $100m to SMEs

Iheanyi Ejiofor April 11, 2017 headline

… makes $100m spot wholesale … May open window for dividend remittances Small and Medium Enterprises (SMEs) in the country involved in the importation of critical and eligible finished and…

Read More Forex : CBN Sells $100m to SMEs
Business Economy

Forex: CBN opens special window for SMEs

Iheanyi Ejiofor April 10, 2017 headline

…begins massive sale with $141m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium Enterprises (SMEs) to enable…

Read More Forex: CBN opens special window for SMEs

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