Nigeria’s debt burden is projected to hit N19.3 trillion by December of 2017, according to economy analysts who have also warned that the country might be heading for another debt…
Read More Nigeria’s debt burden inching towards N19.3 trillion
Category: Economy
CBN to sustain foreign exchange liquidity
The Central Bank of Nigeria has reiterated its decision to sustain the supply of foreign exchange in order to ensure liquidity in the market and enable genuine users access and…
Read More CBN to sustain foreign exchange liquidity
WE have adequate Forex for PTA, BTA, Tuition & Medical Fees -CBN
Kunle Binuyo || The Central Bank of Nigeria (CBN) has described as totally untrue information being fed to some customers seeking to buy forex for BTA, PTA, medical and school…
Read More WE have adequate Forex for PTA, BTA, Tuition & Medical Fees -CBN
MTN pays another $30 billion to FG to settle fine
MTN Nigeria has paid N30 billion to the federal government as part settlement of the N330 billion fine imposed on the MTN group for failing to disconnect unregistered SIM cards…
Read More MTN pays another $30 billion to FG to settle fine
CBN doubles FOREX supply to BDCs…offers $100m for forwards
The Central Bank of Nigeria has announced a planned increase in supply of FOREX to licensed Bureau de Change operators across the country. This is in line with its promise…
Read More CBN doubles FOREX supply to BDCs…offers $100m for forwards