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Category: Economy

Business Economy

FOREX: CBN announces bids for retail auction

Iheanyi Ejiofor July 5, 2017 headline

The Central Bank of Nigeria (CBN) on Wednesday, July 5, 2017, announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market, following its intervention in other…

Read More FOREX: CBN announces bids for retail auction
Economy

Udoma lists FG’s Priority Areas in 2017 Budget

Iheanyi Ejiofor July 5, 2017

The Minister of Budget and National Planning, Udo Udoma, on Tuesday, highlighted five areas of priority for execution by the federal government in the 2017 budget. The areas listed by Udoma…

Read More Udoma lists FG’s Priority Areas in 2017 Budget
Business Economy

Etisalat Nigeria gets new chairman, management

Iheanyi Ejiofor July 4, 2017 headline

Nigeria’s troubled telecommunication company, Etisalat has appointed a new board to pilot its affairs. The move followed the resignation of its former chairman, Hakeem Bello Osagie and the dissolution of the…

Read More Etisalat Nigeria gets new chairman, management
Business Economy Maritime

Port road reconstruction may affect over 1million persons, 100,000 companies

Iheanyi Ejiofor July 4, 2017 headline

No fewer than one million persons and 100,000 companies are to be affected by the reconstruction of Apapa-Wharf Road which is to commence on July 7, the consultant to AG…

Read More Port road reconstruction may affect over 1million persons, 100,000 companies
Business Economy

Again, CBN pumps $195m into forex market

Iheanyi Ejiofor July 3, 2017 headline

The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange market, has injected the total sum of $195 million into…

Read More Again, CBN pumps $195m into forex market

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