Chidi Samuel || The Minister of Finance, Mrs Kemi Adeosun on Wednesday disclosed that the federal government has approved the $500 million Eurobond from the international capital market to fund…
Read More FG approves $500m EurobondCategory: Economy
Forex: CBN slashes BDC rate to N360 …$100m offer fully subscribed
Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail end-users at not more than N360/$1 for…
Read More Forex: CBN slashes BDC rate to N360 …$100m offer fully subscribed
AMCON recovers N681bn debt – Ahmed Kuru
The Managing Director of the Asset Management Corporation of Nigeria (AMCON) has announced recovery of more than N681.5 billion from debtors in the last six years. Mr. Kuru who made…
Read More AMCON recovers N681bn debt – Ahmed Kuru
Stock Market: Time to Pick Cherries
[ABTM id=4963] . Telling people to buy shares in a falling stock market sounds like asking a sleepy market analyst to take an extra cup of coffee; a sure prescription…
Read More Stock Market: Time to Pick Cherries
( Updated) CBN crashes dollar rate, pumps $185m into FOREX market
Chidi Samuel || The Central Bank of Nigeria(CBN), Monday continued its drive to shore up the value of the Naira against the dollar by directing banks to immediately begin the…
Read More ( Updated) CBN crashes dollar rate, pumps $185m into FOREX market