CBN boosts foreign exchange market with $210m

CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria (CBN) has boosted the inter-bank foreign exchange market with $210 million  to meet customers’ requests in various segments of the market. The Bank’s acting Director, Corporate Communications, Mr Isaac Okorafor, in a statement on Monday...
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Mining: FG engages Revenue Consultants

Mining: FG engages Revenue Consultants

The Federal Government has engaged the services of about 100 revenue consultants to work on areas of leakages in the revenue accrued from the mining sector, with a view to shoring up earnings from the sector. The consultants, who would...
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CBN explains inability to hold MPC meeting for January

CBN explains inability to hold MPC meeting for January

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has allayed the fears of Nigerians and the international community over the inability to hold the meeting of the Monetary Policy Committee (MPC) for January. A statement signed by Emefiele...
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How to restructure, put NIPOST on profitable path, by BPE

How to restructure, put NIPOST on profitable path, by BPE

The planned restructuring and modernisation of the Nigerian Postal Service (NIPOST) will lead to its unbundling to have  stand alone business components that will project the NIPOST brand, provide efficient service and be put on a profitable path.  This was....
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SEC extends e-dividend free registration to February 28

SEC extends e-dividend free registration to February 28

As part of its developmental role, the Securities and Exchange Commission (SEC) has announced an extension of the period for the FREE e-Dividend registration exercise till February 28, 2018, to encourage more shareholdersmandate their Bank Accounts   Ac...
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WFE unveils best practice guidelines for cyber security compliance

WFE unveils best practice guidelines for cyber security compliance

The World Federation of Exchanges (WFE) on Thursday published a set of best practice guidelines for market infrastructures designed to engender a staff culture of cyber security compliance. ​ The paper takes a behavioural approach to the issue, as evidence.....
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CBN unveils agenda to push tomato, cocoa, palm oil production in 2018

CBN unveils agenda to push tomato, cocoa, palm oil production in 2018

The Central Bank of Nigeria (CBN) says it will aggressively push and support farmers to boost the production of tomato, cocoa and palm oil across the country in 2018.  The CBN Governor, Mr Godwin Emefiele, disclosed this when he visited...
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AfDB in Nigeria’s development

AfDB in Nigeria’s development

By  Salisu Na’inna Dambatta –     As President Muhammadu Buhari commissions the modern office of the African Development Bank (AfDB) in Nigeria on January 18, 2018, it is pertinent to refresh our memories of the relationship between Nigeria and the...
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Onyema: We are hopeful that Demutualization Bill will be signed into law in 2018

Onyema: We are hopeful that Demutualization Bill will be signed into law in 2018

The Nigerian Stock Exchange (NSE) held its 2017 Market Recap & Outlook for 2018 on Tuesday, January 16, 2018, at the Stock Exchange House, Lagos.   This annual event is a forum for the Chief Executive Officer of NSE, Mr....
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CBN injects $210m into foriegn exchange market

CBN injects $210m into foriegn exchange market

The Central Bank of Nigeria (CBN) has injected another 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments.  Giving a breakdown of the intervention, the bank’s acting Director, Corporate Communic...
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NSE trading index drops by 0.33 per cent

NSE trading index drops by 0.33 per cent

Activities on the Nigerian Stock Exchange All-Share Index on Friday bowed to profit taking halting the six-day price rally with the All-Share Index dropping by 0.33 per cent. The News Agency of Nigeria (NAN) reports that the index lost 142.64...
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