Currency Swap: CBN Sells 1.45bn Yuan In Two Years         The Central Bank of Nigeria has said it sold 1.45 billion yuan since the inception of the currency swap deal with China and the end of 2019. The CBN disclosed this in its 2019 Activity Report released...

FG To Spend $1.45bn On Ajaokuta Steel, Iron Ore Coy     The Minister of Mines and Steel Development, Olamilekan Adegbite, on Monday, hinted that the resuscitation of the Ajaokuta Steel Company and the National Iron Ore Mining Company (NIOMCO) projects will gulp about $1.45 billion (about...

External Reserves Drop By $1.45bn In A Month The nation’s foreign exchange reserves drop by $1.457bn in September, the latest data from the Central Bank of Nigeria showed on Monday. The external reserves, which stood at $45.838bn at the end of August, declined to $44.380bn on...