Again, CBN boosts forex market with $210m injection

The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market in continuation of its sustenance of liquidity in that segment of the... Read more »

Senate cuts FG’s borrowing from proposed N1.86tn to N1.64tn

In agreement with recommendations made in a report on the 2019 medium term expenditure framework (MTEF) and fiscal strategy paper (FSP), the senate has slashed the federal government’s borrowing in the 2019... Read more »

Magu warns bankers against money laundering, terrorist financing

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has warned bank officials in the country against aiding money laundering and terrorist financing. Magu gave the warning in... Read more »

Kogi, Bayelsa gov polls hold Nov 2, says INEC

The Independent National Electoral Commission (INEC) has fixed November 2, 2019 to conduct governorship elections in Kogi and Bayelsa states. The decision was reached at a meetion of the Commission held Tuesday,... Read more »

World Bank ranks Nigeria’s economy low

The World Bank has categorised Nigeria among economies that have not recorded improved performance since 1995. The bank stated this in the latest edition of its Africa’s Pulse released on Monday. Nigeria... Read more »

Fidelity Bank appoints 3 Eds, realigns for next growth phase

As part of corporate realignment and repositioning for the next growth phase, the Board of Directors of Fidelity Bank Plc has announced the appointment of three new Executive Directors. The Board, at... Read more »
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