MMM Nigeria says it has introduced Bitcoin, said to be the world’s best performing currency in 2016, as part of its mode of payment in its comeback plans The Ponzi scheme,…
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Category: Economy
Buhari sacks heads of 4 aviation agencies
Ebun Francis President Muhammadu Buhari, Monday approved the sack of Four heads of parastatal agencies and college in the Nigeria’s aviation industry, a government statement said on Monday. Those affected…
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External reserves declined by $3.22 bn in 2016 – CBN
Nigeria’s external reserves closed last year with a total balance of $25.84 billion – 30 December – showing a decline of $3.22 billion compared with $29.06 billion it stood as…
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Diezani forfeits $153m to FG
Chidi Samuel with Agency report Diezani Alison-Madueke, the former Minister of Petroleum resources temporarily forfeited $153.3 million to the Nigerian government Friday, sequel to an order by a Federal High Court…
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CBN sells N173b T-Bills, fixed income securities’ yields rise
The Central Bank of Nigeria (CBN) has sold N172.85 billion ($550 million) at its first treasury bill (T-Bills) auction of the year with yields unchanged from the previous auction, held…
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