Central Bank of Nigeria (CBN) has directed Banks to suspend the recently introduced increases in charges on over-the-counter withdrawals of above N500,000…
Finance
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Two weeks after opening a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible finished and semi-finished…
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…….. As CBN Intervention in Forex Market Pays Off The Naira firmed up at the Bureau de Change (BDCs) segment on Thursday,…
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…Banks only able to pick up $68.51 million …To sell $20,000 to BDCs on Thursday Following its injection of $280 million into…
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As part of its determination to increase foreign exchange liquidity and improve access by Small and Medium Enterprises (SMEs) and retail businesses,…
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The efforts of the Central Bank of Nigeria (CBN) aimed at ensuring stability in the foreign exchange market may have started yielding…
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United has lost $570 million in market cap this week, while Warren Buffett may have lost over $50 million on his investment…
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Indications are that the demand for foreign exchange by authorised dealers has slumped, as forex dealers were only able to pick $45…
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Kwara state present $162m facility request to World Bank Kwara government is seeking a $162 million facility from the World Bank. The…
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Central Bank of Nigeria CBN has issued a foreign exchange loan guideline for banks in which it increased the limit of banks’…
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The Central Bank of Nigeria (CBN) has released additional $250 million on 7 to 30-day forwards for agriculture, airline, petroleum products and…
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Equities Rebound on account of Bargain hunting… NSE ASI up 7bps
Market Statistics Wednesday, 12th April, 2017 Market Cap (N’bn) 8,822.2 Market Cap (US$’bn) 28.8 NSE All-Share Index 25,496.71 Daily Performance % 0.1…
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President Muhammadu Buhari has forwarded the names of six persons to the Senate for confirmation as Non-Executive Directors of the Board of the Central…
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—sells $100m to SMEs —makes $100m spot wholesale Small and Medium Enterprises (SMEs) in the country involved in the importation of critical…
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Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to an oilfield…