New NIMASA logo unveiled at the conference Chidi Samuel || Nigeria’s Vice President, Prof. Yemi Osinbajo on Thursday said the Strengthening of the coast guard function and timely exchange…
Read More Osinbajo advocates Continental Response To Maritime ChallengesCategory: Economy
Forex: Scramble for dollar abates as CBN intervention pays off
…Naira to appreciate further ahead of Friday Interventions The Naira firmed up at the Bureau de Change (BDCs) segment on Thursday, April 20, 2017, trading at between N376 and N378…
Read More Forex: Scramble for dollar abates as CBN intervention pays offCBN intervenes with $100m in FOREX Market
…Banks only able to pick up $68.51 million …To sell $20,000 to BDCs on Thursday Following its injection of $280 million into the Foreign Exchange Market on Tuesday, April 18,…
Read More CBN intervenes with $100m in FOREX MarketDangoteCem records 25.1% growth in 2016- Report
Dangote Cement plc continued with its recent upward growth as the company recorded a strong volume growth that resulted in 25.1 percent increase in revenues, amounting to N615.1bn for the…
Read More DangoteCem records 25.1% growth in 2016- ReportCBN sustains liquidity in forex market
…..…disburses $280 million to SMEs, BDCs, invisibles The Central Bank of Nigeria (CBN) on Tuesday, April 18, 2017, underscored its determination to sustain liquidity in the foreign exchange market with…
Read More CBN sustains liquidity in forex market
