Author Archives: Supernews - Page 856
FG Owes Corporation N170.6 Billion Outstanding Subsidy Payments …. NNPC
Nigerian National Petroleum Corporation (NNPC) has revealed that the Nigerian Federation was owing the corporation billion outstanding subsidy payments due from January 2006 to December, 2015. The…
Microinsurance: NAICOM gives Firms 18 months ultimatum to get fresh license
NAICOM directors with insurance journalists during a seminar for the journalists in Benin, the Edo State weekend. The National Insurance Commission (NAICOM) has given 18 months ultimatum…
Linkage Assurance partners varsity on talent hunt
Linkage Assurance Plc is partnering the Niger Delta University to commence moves to exceptional talents for the nation’s insurance industry. According to the firm, the whole effort…
Terrorism financing must be curbed’ … PMB
President Muhammadu Buhari has emphasised the need to curb the flow of terrorism financing. Buhari stated this while speaking at the meeting of the African Union Peace…
CBN injects Fresh $304.4m into Forex Market
The Central Bank of Nigeria (CBN) at the weekend intervened in the Retail Secondary Market Intervention Sales (SMIS) of the interbank foreign exchange market to the tune of…
Nigerias return to JP Morgan Index excites BDC
The Federal Government plan to open talks with JPMorgan Chase & Co. for their reinstatement in the local-currency emerging-market bond index has been lauded by Association of…
More reactions trail Buhari, Obasanjo encounter in Addis Ababa
The coincidental encounter between President Muhammadu Buhari and ex-President Olusegun Obasanjo at the ongoing African Union summit in Addis Ababa, Ethiopia, has continued to attract comments…
CBN spent $15.9bn on forex market interventions, says analyst
The Central Bank of Nigeria (CBN) has spent $ billion in nine months in its weekly intervention in the foreign exchange (forex) market, Managing Director, Afrinvest Securities,…
IMF Forecasts 2.1% Growth for Nigeria in 2018
Less than two weeks after the World Bank projected Nigeria’s Gross Domestic Product (GDP) to grow by per cent in 2018, the International Monetary Fund (IMF)…
CBN boosts Forex Market with $210m
The Central Bank of Nigeria (CBN) has boosted the inter-bank Foreign Exchange Market with the sum of $210million, to meet customers’ requests in various segments of…