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Category: Economy

Economy

CBN extends cashless policy to 36 states

Iheanyi Ejiofor February 23, 2017 headline

Chidi Samuel || The Central Bank of Nigeria has announced that it will extend the cashless policy to the remaining 30 states effective August 1, 2017. The apex bank also…

Read More CBN extends cashless policy to 36 states
Economy

Nigeria set to float first sovereign green bonds in Africa

Iheanyi Ejiofor February 23, 2017 headline

Chidi Samuel || Nigeria is on the verge of becoming the first African Country to float sovereign green bonds.The development is aimed at addressing some of the country’s most challenging…

Read More Nigeria set to float first sovereign green bonds in Africa
Breaking Economy

( Updated) NANS give MTN, DSTV, others two days to leave Nigeria

Iheanyi Ejiofor February 23, 2017 headline

Ebun Francis || In what may be a retaliatory response to the attacks and harassments of Nigerians and their Businesses in South Africa,  angry protesters broke into an office of MTN…

Read More ( Updated) NANS give MTN, DSTV, others two days to leave Nigeria
Economy

Osinbajo seeks reps approval to borrow $500m for 2016 budget

Iheanyi Ejiofor February 22, 2017 headline

Ebun Francis ||  Prof. Yemi Osinbajo, Nigeria’s Acting President is seeking the approval of the house of representatives to borrow $500 million out of the $1 billion Eurobond from the International…

Read More Osinbajo seeks reps approval to borrow $500m for 2016 budget
Economy

Naira appreciates, stock market gains, as CBN new forex policy takes effect

Iheanyi Ejiofor February 21, 2017

Chidi Samuel|| The naira appreciated against the dollar Tuesday from 520 to 515 per dollar at the parallel market in response to the introduction of new policy actions by the Central Bank…

Read More Naira appreciates, stock market gains, as CBN new forex policy takes effect

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