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Tuesday, July 25, 2017
cbn

FOREX: CBN Boosts Retail Segment with $254.3m

Players in the retail segment of the Nigerian inter-bank foreign exchange market received a $254.3m boost from the Central Bank of Nigeria (CBN) following...

Customs Set for Second e-auction

The Nigeria Customs Service (NCS) will commence the second round of another 48 hours of bidding on July 10 as the e-auction committee reloads...

African airlines record 11% passenger growth – IATA

The Global passenger traffic has recorded 11.7 per cent growth in May 2017, showing African airlines leading all regions compared to the results in...

Cement Industries Working to Crash Price -BUA

Cement industries are actively working hard to reduce the price of the commodity to boost the nation’s housing and the construction sector. The Chairman of...
Agriculture

FG Trains 774 Agric Extension Workers

The Federal Government has completed the training of 774 extension workers in the use of modern technologies in delivering extension services in the agricultural...

Nigerian Crude Waits for Buyers

Nigerian crude for August loading is proving slow to find buyers amid rising supply, Reuters quoting oil trading sources has reported. Reuters said the supply...

EU Earmarks €15m for Fish Farming in West African Sub-region

The European Union has said it will provide up to €15million facility to countries in the West African sub-region, as part of effort to...

FG to Sell N135bn Bonds on July 12

The Debt Management Office (DMO) has announced the Federal Government's plans to sell N135 billion worth of bonds in its July 12 auction. The offer...

Nigeria Attracts $3.1bn FDI Investment in 2015- Report

A report, African Investment Index 2016, published by Quantum Global’s, an independent research arm of Quantum Global Research Lab, showed that Nigeria has attracted...

Nigeria hires Tech Companies to End Recession

The Federal Government of Nigeria is hiring some of the United States technology giants such as Oracle Corporation and Microsoft Corporation in its efforts...

Etisalat Appoints CBN Deputy Governor Chairman

The Etisalat-Nigeria has appointed a Deputy Governor of the Central Bank of Nigeria, Joseph Nnanna, the new Chairman and will henceforth lead the company’s...

NNPC Secures $2Billion Discounts on Renegotiated Upstream Contracts

…As NNPC GMD Marks a Year Anniversary The Nigerian National Petroleum Corporation, NNPC, has secured $2billion discounts in the last one year from renegotiated Upstream...

5 Companies Express Interest For 65% Shares in Etisalat Nigeria

According to Brandish, “no fewer than five” companies have expressed interest to buy Etisalat Nigeria, with Orange and Vodafone Group shown “concrete interest” for...
CBN Governor

CBN injects $195m into interbank market

The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange (forex) market, has injected...

FG Eyes $1b from New Tax Reform- Adeosun

Finance Minister Mrs Kemi Adeosun has said the Federal Government planned to raise over $1billion from the executive order signed by Acting President Yemi...

Technology Will Enhance Tax Compliance- Adeosun

The Federal Government will deploy and heavily rely on technology to increase tax compliance under the recently launched Voluntary Asset and Income Declaration Scheme...

NNPC Crashes Diesel Prices Further

Diesel retail prices nationwide are falling and the Nigerian National Petroleum Corporation (NNPC) has attributed the continuous slide to its sustained strategic intervention. A national...
CBN Governor

CBN Issues N32bn T-Bill to Tighten Liquidity

CBN,The Central Bank of Nigeria sold N31.94bn ($104.76m) in Treasury bills in a bid to tighten liquidity in the money market while overnight lending...

Equities Gain Over N2.2trn in First Half

Equities’ investors at the stock market are smiling to the bank as they netted more than N2.2 trillion gains in the first half of...

MTN to list stock on Nigerian Exchange soon

Nigeria telecommunication giant, MTN Nigeria has said that it would list its shares on the Nigerian Stock Exchange this year. MTN General Manager, Mr Nikiwe...

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