Nigeria earned a total of N14.097 billion exchange in the first seven months of this year showing an increase of 196.9 per…
Category:
News
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Six foreign countries are to participate in Nigeria‚Äôs multi-million naira Delta Steel ancillary industries. Already, China and Norway have made formal requests…
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United Bank for Africa, UBA, new interest rates will not affects loans and fixed deposits contracted before the deregulation. According to UBA…
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Prices of goods and services in Festac Town, Lagos have gone up astronomically, recording an estimated 100 per cent increase on the…
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About 500 hectares of the UACN marquis form have been planted with maize. The marquis farm is the fourth of UACN‚Äôs agricultural…
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EVERY Nigerian admits that her most dominated economic problem is the current shortage or scarcity of foreign currency for her capital and…
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The CBN has so far terminated the appointment of 60 of its staffers found to be highly involved in the N100 million…
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The recent hike at the Nigerian Stock Exchange, is still generating furors in official quarters. The Securities and Exchange Commission, the apex…
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Foreign nationals mainly Asians have deviced various means of beating the provisions of the Foreign Exchange Market, FEM. Informed sources told The…
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Four banks have been approved to handle the foreign exchange transactions of pilgrims during the 1987 Hajj operations. The banks are: First…
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A new form on which authorised SFEM dealers are expected to make full returns of all transactions to the Central Bank of…
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The Central Bank Financial Think Tank has sent a strong recommendation to the federal government on the deregulation of interest rates asking…
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Economic saboteurs have resorted to forging invoices and tenders purportedly sent by business associates abroad and requesting advanced payment in foreign exchange…
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It is now mandatory for authorised dealers under SFEM to submit a detailed list of transactions with Central Bank of Nigeria, CBN,…
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The present ban on inter-bank dealings on foreign exchange will be lifted at the end of the current two-tier exchange system investigation…