Category: Economy

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Ex U.S Commodities Commission Boss To Speak Thursday On Derivatives Trading At NSE

Ex U.S Commodities Commission Boss To Speak Thursday On Derivatives Trading At NSE

As part of strategic initiatives to enhance the efficiency of capital market operations in Nigeria, former Chair of the US Commodities Futures Trading...
CBN injects $210m into Nigeria’s Forex Market

CBN injects $210m into Nigeria’s Forex Market

The Central Bank of Nigeria (CBN) has injected a further $210m into the inter-bank Foreign Exchange Market to meet customers’ requests in various segm...
Monetary Policy Crisis Imminent In Nigeria Over Lawmakers’ Insistence On Sack Of EFCC boss

Monetary Policy Crisis Imminent In Nigeria Over Lawmakers’ Insistence On Sack Of EFCC boss

Nigeria could face a monetary policy crisis by the end of this week if the National Assembly fails to approve the nomination of a member of the Moneta...
CBN Injects $262.5m Into Retail Secondary Market Intervention

CBN Injects $262.5m Into Retail Secondary Market Intervention

The Central Bank of Nigeria (CBN) on Friday, January 12, 2018, carried out its maiden intervention in the Retail Secondary Market Intervention Sales (...
Obaseki, China SINOPEC Seal Deal For 5,500bpd Edo Modular Refinery

Obaseki, China SINOPEC Seal Deal For 5,500bpd Edo Modular Refinery

Photo Caption: (sitting) Left to right: Representative of China SINOPEC Consortium, Mr Yang Hongtao; Edo State Governor, Mr Godwin Obaseki; Managing D...
CBN Directs MFBs, PMIs To Bar Customer Accounts Without BVN

CBN Directs MFBs, PMIs To Bar Customer Accounts Without BVN

The Central Bank of Nigeria (CBN) has directed microfinance banks and primary mortgage institutions regulated by its “Other Financial Institutions Dep...
Revenue Shortfall: FG Discovers N100bn Tax Fraud By Contractors

Revenue Shortfall: FG Discovers N100bn Tax Fraud By Contractors

• Begins No Tax ID, No Payment Policy • To undertake compliance spot checks on MDAs Photo Caption: Minister of Finance, Mrs. Kemi Adeosun with th...
NSE Consumer Goods Index Set To Breakout 4-Year Resistance Level

NSE Consumer Goods Index Set To Breakout 4-Year Resistance Level

Chart: NSE Consumer Goods Monthly Chart 2013-2018 This sectorial index is a component of NSE benchmark Index that measure performance of consumer g...
Nigeria’s External Reserves Hit $40.4bn, As CBN Injects $210m Into Interbank Market

Nigeria’s External Reserves Hit $40.4bn, As CBN Injects $210m Into Interbank Market

As projected by the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele at the Annual Bankers’ Dinner of the Chartered Institute of Bankers (CIBN...
Edo Govt Probe Alleged Sponsorship Of Militias in Okpella by BUA

Edo Govt Probe Alleged Sponsorship Of Militias in Okpella by BUA

• Says ‘We Acted In Public Interest’ The Edo State Government said Wednesday’s decision to close the desputed Obu mine site, in Okpella, was a pre-...
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