Monday, November 19, 2018
CBN continues rescue of Naira, injects another $210m into Forex Market

Forex: CBN gives Market $210m boost

The Central Bank of Nigeria (CBN) has made available the sum of $210 million, to meet customers’ requests in various segments of the foreign...
Canadian dollar drops after Trump comment on trade deal

Canadian dollar drops after Trump comment on trade deal

The Canadian dollar fell against its U.S. counterpart on Tuesday after President Donald Trump said the U.S. and Mexico could move forward without Canada...
Stanbic IBTC Holdings shareholders approve 2017 dividend

CBN slams Stanbic IBTC, 3 other banks N5.65bn fine, writes MTN to refund $8bn

The Central Bank of Nigeria (CBN) says it has imposed heavy sanctions totaling N5.87 billion on four banks under its regulatory purview and asked...
CBN continues rescue of Naira, injects another $210m into Forex Market

Forex: Wholesale market, others get $210m CBN boost

The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210,000,000 into...

SEC to constitute market wide committee on Fintech

The Securities and Exchange Commission (SEC) says a Capital market wide committee will be established to drive the guidelines and framework for the Fintech...
Naira weakens marginally against dollar at parallel market

Naira weakens marginally against dollar at parallel market

The Naira on Monday weakened marginally against the dollar at the parallel market, our correspondent reports. The Nigerian currency exchanged at N358.3, weaker than N358...
Naira weakens marginally against dollar at parallel market

Naira gains marginally against dollar at parallel market

The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, our correspondent reports. The Nigerian currency gained 50 kobo to...
Forex: CBN flags off SMIS in Chinese Yuan

Forex: CBN flags off SMIS in Chinese Yuan

The Central Bank of Nigeria (CBN) has flagged off its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation...
Stakeholders want tax incentives for building material producers

Stakeholders want tax incentives for building material producers

Stakeholders in the real estate sector have urged the Federal Government to introduce tax incentives for local manufacturers of building materials. They said this would...
NASME urges robust financing for MSMEs to enhance sector

NASME urges robust financing for MSMEs to enhance sector

The National Association of Small and Medium Enterprises (NASME), has called for more robust financial windows for Micro, Small and Medium Enterprises to enhance...