The Central Bank of Nigeria’s Monetary Policy Committee, MPC, Tuesday voted to retain key interest rate at a record 14 percent even as it seeks a convergence in the Country’s…
Read More CBN, MPC retains interest rates at record high to stabilise naira gain
The central Bank of Nigeria on Monday, ahead of the outcome of the ongoing monetary policy meeting, MPC, in Abuja, injected over $250m into the foreign exchange market. A breakdown of…
Read More CBN intensify supply into forex market with $255m
The Minister of state for Petroleum, Dr. Ibe Kachikwu has said he will resign from his current position if Nigeria continues with the importation of petroleum products by 2019. Kachikwu made…
Read More I will resign if Nigeria still import fuel by 2019- Kachikwu
The United Bank of Africa, UBA, has been rated ‘B’ long-term and ‘B’, short term by Standard and poor’s (S&P), an International rating agency. The ‘B’ rating is the highest currently…
Read More S&P rates UBA ‘B/B’, the highest among Nigerian banks
Customers flying British Airways (BA) through its Abuja-London route would pay a slashed fare of $277 between May 15, 2017, and June 30, 2017, for a one-way trip. Mr. Kola…
Read More British Airways slashes Abuja- London fare