Central Bank of Nigeria
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Business
Rising Power, Raw Materials Costs Wipe Gains Of Dangote Sugar’s 67.9% Revenue Growth
Post Views: 2,025 Directors Offer 60 Kobo Dividend For the board of Dangote Sugar Refineries Plc, the 2016 financial year…
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Uncategorized
Joseph Nnanna Replaces Alade as African Finance Corp Chairman
Post Views: 1,651 Leading pan-African multilateral development finance institution and project developer, Africa Finance Corporation (AFC), on Wednesday announced the…
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Economy
Etisalat May Sell Nigerian Arm Over $1.2bn Debt – Reuters
Post Views: 1,271 With major banks, including Access Bank, Guaranty Trust Bank and Zenith Bank threatening to take over its…
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Economy
FG Plans Relief Package For Poultry Farmers
Post Views: 1,259 This is good news for operators in the Nigerian poultry industry, particularly Livestock Feeds Plc, as Acting…
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Economy
CBN Imposes 10% Penalty On Bank Withdrawals Above N40m
Post Views: 1,990 Apparently worried by the seemingly high level of currency-in-circulation (outside of the nation’s banking system), the Central…
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Economy
NDIC Boss Raises Red Flag As Toxic Loans In Nigerian Bank Hits 10%
Post Views: 1,419 • Says N740bn Insider, Director Related NPL Unhealthy • Urges Regulators To Check Governance Abuses Alhaji Umaru…
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Economy
CBN To Sell $500m In Special Wholesale Intervention
Post Views: 1,241 Further to its resolve to ease the hiccups in the nation’s foreign exchange market announced Monday, February…
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Economy
Forex Hiccups: CBN Orders Banks To Open Forex Outlets At Airports
Post Views: 1,328 The Central Bank of Nigeria (CBN), on Monday, directed banks to open foreign exchange retail outlets in…
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Economy
Currency-In-Circulation Dropped By N184.597bn In January, Says CBN
Post Views: 1,702 The Central Bank of Nigeria (CBN), on Friday released data for Currency-In-Circulation, an estimate of the value…
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There’s No Way Nigerian Banks Will Sell Forex At N18/US$ Rate, Says CBN
Post Views: 1,231 The Central Bank of Nigeria (CBN) has decried media report suggesting that the Office of the Attorney…
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