As more customers of banks and other business people overcome the earlier difficulties in obtaining forex for their transactions, and in a bid to sustain the tempo of foreign exchange…
Read More CBN sustains forex supply, releases additional $170m
Category: Economy
FG releases much-awaited economic recovery plan
The federal government has finally released its economic recovery and growth plan (ERGP), which has been in the works since 2016. The document which was released by the Ministry of…
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Shell shuts down Bonga, Nigeria’s oil production affected
Shell Nigeria Exploration and Production Company (SNEPCo) has shut production at Nigeria’s Bonga oil field. The exercise, which started on March 4, was for maintenance purposes which will last a…
Read More Shell shuts down Bonga, Nigeria’s oil production affected
NCC queries Etisalat, Airtel, MTN
Ebun Francis || The Nigeria communication commission, NCC, Monday queried three mobile telecommunication companies, Etisalat, Airtel and MTN over poor quality services experienced by their subscribers in recent times. The query…
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CBN boosts forex market with $367m
The Central Bank of Nigeria (CBN) on Monday, March 6, 2017, carried out another round of retail interventions in the interbank FOREX market by providing a total sum of $367,134,329.93…
Read More CBN boosts forex market with $367m