Desirous of monetary and fiscal collaboration in order to pull the Nigerian economy of the current crunch, economic management leaders from the Central Bank of Nigeria (CBN) and the Ministries…
Read More Emefiele, Adeosun, Udoma,Enelamah meet to harmonise fiscal and monetary policiesCategory: Economy
FOREX: CBN offers, receives bids for $100m
The Central Bank of Nigeria (CBN) says it has offered and received bids for $100 million from authorized dealers in the interbank market to meet the requests of genuine customers.…
Read More FOREX: CBN offers, receives bids for $100mNigeria will soon get out of recession – World Bank
Agency Report || The World Bank Group says Nigeria will soon recover from economic recession. Mrs Eme Essien-Lore, Country Manager, International Finance Corporation, a member of the group, made the…
Read More Nigeria will soon get out of recession – World BankEtisalat’s N42 billion debt to GTBank to be restructured – GTBank Boss
Guaranty Trust Bank Plc is currently exposed to a financial risk of N42 billion ($138 million) loan to Etisalat Nigeria. According to Mr. Segun Agbaje, Managing Director of GTBank, the…
Read More Etisalat’s N42 billion debt to GTBank to be restructured – GTBank BossCBN clears $150m FOREX forwards
The Central Bank of Nigeria (CBN) on Wednesday, March 15, 2017, sold a total of $150 million to authorized FOREX dealers in the interbank at the highest bid rate of…
Read More CBN clears $150m FOREX forwards
