Yushau Shuaib

Forex: CBN Makes Special Intervention in BDCs

CBN Boosts BDCs…Makes $10,000 Midweek Intervention The Central Bank of Nigeria (CBN) in its bid to sustain supply of liquidity to the foreign exchange market, has decided to make a special intervention in the Bureau de Change (BDC) segment of...

Adeosun Assures Continuity of You win Programme on Facebook

The Minister of Finance, Mrs Kemi Adeosun, held her first-ever Facebook Live session . The 23-minute event, filmed at the Ministry of Finance headquarters in Abuja, and broadcast live through her Facebook page, reached an audience of more than...

CBN Provides Forex to Airlines, Agric, Manufacturing sectors

Forex: Dealers subscribe fully to CBN $150m wholesale offer... …CBN sells $10,000 to BDCs The Central Bank of Nigeria has announced interventions in the retail auction window for forex sales to the airlines, manufacturing, agricultural and petroleum sectors. The Spokesperson of CBN,...

Corruption: Britain to Expose Nigerian property owners

The British Government, will release information about Nigerians, who own property in that country next year. Prof. Bolaji Owosanoye, Executive Secretary, Presidential Advisory Committee against Corruption, told News Agency of Nigeria (NAN) in New York that negotiations on this had...

CAC begins 24-hour operation

The Registrar-General, Corporate Affairs Commission (CAC), Mr Mahmud Bello, says the commission has started operating 24 hours company registration process to make startup of business easier in Nigeria. Bello said this at the CAC Customers’ Forum in Kano, organised in...

CBN raises FOREX supply to BDCs…offers $100m for forwards

CBN raises FOREX supply to BDCs…offers $100m for forwards In line with its pledge to sustain liquidity in the foreign exchange market, the Central Bank of Nigeria CBN) will from Monday, April 3, 2017 commence twice weekly FOREX sales to...
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