Godwin Emefiele, governor of the Central Bank of Nigeria, CBN, was emphatic yesterday that the current efforts of the federal […]
Category: Business & Economy
How Kachikwu Will Attract More Foreign Investments To Oil Sector
Ibe Kachikwu, minister of State for Petroleum Resources, is wooing international oil companies, IOCs, to increase their investments in the […]
CBN Stops Nationwide Implementation Of Cashless Policy
The Central Bank of Nigeria, CBN, has announced the withdrawal of its earlier directive on nationwide implemwntation of Cashless policy. […]
CBN Boosts Access to Forex For SMEs With ‘Form X’
The Central Bank of Nigeria, CBN, has introduced “Form X” for the Small and Medium-scale Enterprises, SMEs seeking to purchase […]
How NNPC Will Support Nigeria’s National Broadband Penetration Plan
In a rare collaboration between government agencies, the Nigerian National Petroleum Corporation, NNPC, is willing to support Nigeria’s plan to […]
CBN Faults Banks Over Forex Borrowing Limit
The Central Bank of Nigeria, CBN, has accused some commercial banks of breaching its regulatory limit on foreign currency borrowings, […]
UBA To Focus On Long-term Growth, Elumelu
Shareholders of United Bank for Africa, UBA, are in for a swell time. Apart from the N27.2 billion paid to […]
Why FG Is Withholding Import Licence From Debtor Oil Marketers, Kachikwu
Henceforth, the federal government will no longer issue petroleum product import licences to oil marketers who fail to clear their […]
CBN Boosts Liquidity in forex Market With $418 Million
The Central Bank of Nigeria, CBN, has auctioned $418 million at N310 to a dollar, to airlines, agriculture, petroleum and […]
How Forex Policy Is Hurting Non-oil Exports, LCCI
While many Nigerians, including economic experts, have hailed the foreign exchange, forex, policy, of the federal government, the Lagos Chamber […]