Stock Market Indices Re-open Bullish, Up By N79billion
Brokers on the floor of Nigerian Stock Exchange in Lagos. Transactions on the equity sector of the Nigerian Stock Exchange (NSE) continued upbeat yesterday, as
CBN Injects $210m Into Foriegn Exchange Market
dollar PHOTO:AFP The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers' reque
CBN To Launch N10 Billion Fund For Egg Production
Fresh eggs The Federal Government, with the support of the Central Bank of Nigeria (CBN), has disclosed plans to launch a N10billion fund for the National Egg P
Oyo Restates Commitment To CBN’s Financial Inclusion Initiative
CBN building The Oyo State Government has promised to support the Central Bank of Nigeria's (CBN) initiative in actualising 80% Financial Inclusion rate by the
CBN Faults Allegation On Forex Trading
CBN faults allegation on forex trading By Racheal Ishaya The Central Bank of Nigeria (CBN) has described the Wailing Wailer Group, using the hashtag #OccupyCBN
Multiple Taxation Provokes Youths
Youths in Jos have kicked against multiple taxation and demanded a boost in security as well as provision of farming incentives. The youth made the remark on Su
CBN, Heritage Bank Offer N2b Lifeline To Triton Aqua
Heritage Bank Limited The Central Bank of Nigeria (CBN) in partnership with Heritage Bank Limited has provided a N2 billion long-term facility, under the Commer
N700 Billion Trapped In Private Placement Scams
Investors in Nigeria's capital market say N700 billion have been trapped in private placements by firms. They urged industry regulators to wade into the perceiv
CBN Denies Reports Of Allocation Of Dollars
The Central Bank of Nigeria (CBN) has denied reports from some quarters that it allocates dollars unilaterally. A statement by Mr Isaac Okoroafor, Acting Direct
Naira Depreciates Slightly Against Dollar
The naira, on Friday, depreciated slightly against the dollar at the close of trading at the parallel market. The News Agency of Nigeria , reports that the nati
Suffering Amid Plenty
The office of the Accountant General of the Federation (OAGF) has revealed that, as at the end March, not less than N3trn Federal Government funds hitherto hel
Naira Remains At N321 To Dollar At Parallel Market
The Naira on Friday traded at N321 to the dollar at the parallel market. The NAN reports that the Naira remained stable at N321 for almost a week. However, the
Naira Drops Parallel Market; Dollar, Pound Sterling, Euro Now N320.5, N457, N361 Respectively
The Naira on Wednesday depreciated slightly, exchanging at N320.5 to the dollar at the parallel market. The NAN reports that the naira lost 50 kobo on Wednesday
Naira Exchanges At N320 To Dollar At Parallel Market
The Naira on Monday exchanged at N320 to a Dollar at the parallel market in Lagos State. The NAN reports that the value of the Naira on Monday afternoon remaine
Forex Scarcity Is Bringing Out The Best In Nigerians – CBN Governor
The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele has observed that the current scarcity of foreign exchange, forex, confronting the country
Monthly Import Bill Averages N102 Billion, Says CBN
Emefiele Institutions must offer skills in self-sufficiency The nation's import-related demand for foreign exchange rose to N102 billion monthly, despite the sl
Interest Rate To Increase – CBN
The Central Bank Governor, Godwin Emefiele, on Saturday revealed that Nigeria's interest rate will increase due to the rising inflation rate. Emefiele disclosed
FG Plans On Yuan Forces Dollar Rate Down – Bureau De Change Association
The President, Association of Bureau De Change Operators of Nigeria, Mr Aminu Gwadabe stated the Federal Government's plan to increase the availability of renmi
Nigeria Will Deal With Economic Challenges Without Borrowing Funds – Adeosun
The Minister of Finance, Mrs Kemi Adeosun, says Nigeria must not take loan facility from the International Monetary Fund to overcome its economic challenges. Th
Customs Seeks Review Of CBN’s Forex Policy
Forex Citing revenue shortfall to the tune of N230billion in the last quarter of 2015, the Comptroller- General of Nigeria Customs Service (NCS), Col Hameed Ali