Archives for July, 2019 - Page 3
Nigerian Inter-Bank Forex Market Gets $210m CBN boost
By Ngozi Onyeakusi -- The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN) following transactions concluded on…
NNPC Secures $3.15bn To Finance OML 13
Nigerian National Petroleum Corporation (NNPC) bid to increase the nation’s crude oil reserves and daily oil production to 3million barrels per day has received a major boost…
Access Bank: More Winners Emerge in DiamondXtra Draw
By Ngozi Onyeakusi -- Ten Nigerians have emerged in the monthly draw of the DiamondXtra savings scheme season eleven initiated by Access Bank. The presentation which took…
CBN To Add Milk Importation On Forex Restriction List
Central Bank of Nigeria (CBN) has resolved to place foreign exchange restrictions on milk importers into the country. CBN Governor, Godwin Emefiele, who lamented that between $…
DMO LISTS FGN SECOND N100BN SUKUK ON NSE
By Ngozi Onyeakusi -- The Debt Management Office (DMO) of Nigeria has listed on The Nigerian Stock Exchange, the second ₦100bn, 7-Year, FGN Sukuk due to mature in…
Airtel Introduces Affordable 4G Smartphones to deepen mobile Internet penetration
In its effort to accelerate mobile Internet uptake as well as enrich the data experience of telecoms consumers across the country, leading telecommunications services provider, Airtel Nigeria, has…
Union Bank Settles Defrauded Customer N8.7 Million As Court Jails Ex-Staff
Union Bank of Nigeria Plc has repaid the sum of million fraudulently withdrawn from the account of one its customers by a staff who has been jailed a…
WHO Set To Declare Nigeria Polio Free
The World Health Organisation (WHO) says it is set to declare Nigeria a polio free country. This is according to a statement by Mr Charity Warigon, Media and…
CBN Retains Monetary Policy Rate At 13.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at per cent. The CBN Governor, Mr Godwin Emefiele…
Ministerial List: Screening Commences Today
The Senate, on Tuesday, postponed its annual vacation scheduled to commence on Thursday, July 25 by one week to screen the ministerial nominees of President Muhammadu Buhari submitted…