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Wednesday, July 26, 2017
CBN Governor

CBN to Issue N205bn T-Bill July 19

The Central Bank of Nigeria (CBN) would issue N204.95bn in treasury bills at an auction on July 19, aiming to raise N36.78bn in three-month...
Kemi Adeosun

Nigeria’s Debt Strategy: We Will Borrow But- Adeosun

Following recent reports on comments by the Minister of Finance about Nigeria’s debt strategy and ability to borrow, the Federal Government has said that...

Uncertainties in Oil Market Threaten 2017 Budget

Implementation of 2017 Budget is under threat by uncertainties in the global oil market, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu,...

FG to Insure Assets Adequately- Adeosun

The Minister of Finance, Mrs Kemi Adeosun has said that the Federal Government will consolidate on the progress it has made in the insurance...
CBN Governor

CBN Boosts Forex With Additional $142m

The Central Bank of Nigeria (CBN) has injected $142.5 million into the inter-bank foreign exchange, days after intervening in the retail segment of the...
FG

Nigeria Strategises to Beat Inflation By 2020

Nigeria has resolved to bring down the inflation rate to a single digit by 2020 and rates dip consecutively in four months. The National Bureau...
Nigeria Customs Service

Ogun Customs Generates N1.1b in 2 Months

The Ogun State Area Command of Nigeria Customs Service (NSC) has generated the sum of N1.1b in the last two months, with assurance to...

Nigeria’s gas export increases to 388,000 metric tons

The export of Liquefied Natural Gas (LNG) from Nigeria to China, Turkey, India and other countries has risen over the last six months. Also, the...
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...
CBN Governor

FOREX: CBN announces bids for retail auction

The Central Bank of Nigeria (CBN) has announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market, following its intervention...
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...
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...
Kemi Adeosun

Nollywood: FG Disburses N420.2m Innovative Distribution Fund to Beneficiaries

The Federal Government has made good its promise of rejuvenating the Nollywood Industry by injecting and distributing the 2nd and last tranche of N420.2million...

FG Extends Duration of Financial Support to States

The National Executive Council (NEC) Thursday extended the lifespan of the federal government’s financial support to various states of the federation, to cushion the...
Naira Dollar

Naira rebounds, exchanges for N366 to a dollar

The Naira has appreciated against the dollar at the parallel market barely 24 hours after the Central Bank of Nigeria (CBN) injected 195 million...
IMF

World Bank Earmarks $215m for community projects in Nigeria

The World Bank has committed a total of $215m to the execution of rural community development projects across the country under its Community and...

FEC Approves N2.4bn for NAHCON Plaza

The Federal Executive Council has approved N2.4 billion for the purchase of Abuja Metro Plaza to serve as the Corporate Headquarters of the National...
Dr Yemi Kale NBS Statistician General

Nigeria earns N48trn from exports to Europe, Asia- NBS

Nigeria exported goods worth N48.70 trillion to Europe, Asia, America, Africa and Oceania in the last four years. Analysis of the data sourced from the...

Shareholders Advise Banks to Takeover Etisalat

Some shareholder groups in the nation’s capital market on Tuesday urged Etisalat Nigeria to settle the N1.2 billion debt it owed 13 commercial banks...

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