Thursday, August 16, 2018
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...
Forex: Retail SMIs get $304.4m with interest in agric, airlines, raw materials, others

CBN sustains Forex intervention, injects fresh $210m

The Central Bank of Nigeria (CBN), yesterday injected the sum of $210 million into the inter-bank foreign exchange (forex) market. The Bank on Tuesday said...
NLC pickets MTN office in Maiduguri over lack of workers’ welfare

MTN yet to file any application – SEC

The Securities and Exchange Commission (SEC) has said neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with...
Forex: Retail SMIs get $304.4m with interest in agric, airlines, raw materials, others

Forex Market gets $210m lift from CBN

In its desire to ensure liquidity in the foreign exchange market to meet customers’ requests in various segments of the market, the Central Bank...
Forex: Retail SMIs get $304.4m with interest in agric, airlines, raw materials, others

CBN injects another $210m into Forex Market

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the inter-bank foreign...
Naira weakens marginally against dollar at parallel market

Naira depreciates against dollar at parallel market

The Naira on Friday depreciated against the dollar at the parallel market in Lagos, our correspondent reports. The Nigerian currency lost one point to exchange...
Forex: CBN flags off SMIS in Chinese Yuan

CBN signs currency swap agreement with People’s Bank of China

The Central Bank of Nigeria (CBN) on Thursday, announce the execution of a bilateral currency swap agreement with the Peoples Bank of China (PBoC). CBN...
Naira weakens marginally against dollar at parallel market

Naira closes at N362 to dollar at parallel market

The Naira on Wednesday closed at N362 to the dollar, stronger than N363 posted on Monday at the parallel market, our correspondent reports. The Pound...