CBN increases forex allocations to banks, to ensure liquidity for invisibles
The Central Bank of Nigeria (CBN) has announced an increase in the amount of foreign exchange allocated to banks to meet the requests of customers. [Click for More]
The Central Bank of Nigeria (CBN) has announced an increase in the amount of foreign exchange allocated to banks to meet the requests of customers. [Click for More]
For the developed and developing nations, borrowing in the world is not just a pastime but a necessary evil to address scorching and depressing financial [Click for More]
Thursday, 27th May 2021: The exchange rate between the naira and the US dollar closed at N411/$1 at the Importers and Exporters window, where forex is [Click for More]
The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners yesterday executed joint agreements to renew Oil Mining Lease (OML) 118 for [Click for More]
Dr. Ngozi Okonjo-Iweala has stated that for Africa to have a post-pandemic economic recovery, it needs to focus on fiscal stimulus and policies geared towards [Click for More]
The £4.2m looted by former Governor James Ibori recently repatriated by the Federal Government from the United Kingdom has been returned to Delta, Accountant General [Click for More]
The Police special fraud unit (PSFU) has arrested the Managing Director of Brisk Capital Limited, Dominic Ngene Joshua, for allegedly diverting investors’ funds worth over [Click for More]
The World Bank Group yesterday rejected request by African heads of state for cancellation of their countries’ debts, saying the world has moved past that [Click for More]
Governors and the Central Bank of Nigeria (CBN) were not on the same page yesterday over the repayment plan for bailout loans. The governors, under [Click for More]
The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate decreased by 0.05% in April 2021, the first time in 21 months, while [Click for More]
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