Saturday, September 18, 2021
MARKET UPDATE

TheCable

Advertisement

Business

‘Let’s see if abokiFX shutdown will make $1/N1’ — Twitter users taunt CBN

    ‘Let’s see if abokiFX shutdown will make $1/N1’ — Twitter users taunt CBN

Nigerians have taunted the Central Bank of Nigeria (CBN) for accusing abokiFX as responsible for the sliding of naira against dollar at the parallel market. abokifx is a web platform

0 comment Read Full Article

‘We can’t sell FX to people who buy arms to hurt us’ — CBN maintains stance on BDC ban

    ‘We can’t sell FX to people who buy arms to hurt us’ — CBN maintains stance on BDC ban

The Central Bank of Nigeria (CBN) has announced that the ban on sales of foreign exchange (forex) to Bureaux De Change (BDC) operators still stands, saying that the practice is

0 comment Read Full Article

N-Power: FG begins payment of five-month outstanding stipends to 9,066 beneficiaries

    N-Power: FG begins payment of five-month outstanding stipends to 9,066 beneficiaries

The federal government says it has commenced the payment of outstanding allowances to 9,066 volunteers who participated in batches A and B of the 2016 and 2018 N-Power programmes. Bashir

0 comment Read Full Article

‘We hope rates appreciate next week’ — abokiFX suspends operations with dig at CBN

    ‘We hope rates appreciate next week’ — abokiFX suspends operations with dig at CBN

abokiFX, a web platform that reports movements in the foreign exchange market, has suspended operations as the Central Bank of Nigeria (CBN) placed its owners on investigations. The platform said

0 comment Read Full Article

eNaira: CBN to own major stake in Bitt Inc., says Emefiele

    eNaira: CBN to own major stake in Bitt Inc., says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex monetary authority will own a majority stake

0 comment Read Full Article

Olufemi Boyede: Poor quality of non-oil exports sends wrong signal to foreign countries

    Olufemi Boyede: Poor quality of non-oil exports sends wrong signal to foreign countries

Olufemi Boyede, chief executive officer (CEO) of Koinonia Global Services Inc., has explained why non-oil products from Nigeria to other

0 comment Read Full Article

‘We can’t allow you to kill our economy’ — CBN confirms investigation of abokiFX founder

    ‘We can’t allow you to kill our economy’ — CBN confirms investigation of abokiFX founder

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has confirmed the investigation of Oniwinde Adedotun, the founder of

2 comments Read Full Article

CBN retains benchmark interest rate at 11.5%, says it will aid economic growth

    CBN retains benchmark interest rate at 11.5%, says it will aid economic growth

The monetary policy committee of the Central Bank of Nigeria (CBN) has announced its decision to maintain the monetary policy

0 comment Read Full Article

Ease of doing business: IMF chief denies altering World Bank report to appease China

    Ease of doing business: IMF chief denies altering World Bank report to appease China

Kristalina Georgieva, managing director of the International Monetary Fund (IMF) has denied influencing a report in China’s favour when she

0 comment Read Full Article

FG targets $6.2bn in eurobond issuance, woos local investors for the first time

    FG targets $6.2bn in eurobond issuance, woos local investors for the first time

The Federal Government has announced plans for a eurobond issuance at the international capital market (ICM) to raise $6.2 billion

0 comment Read Full Article
1 2 3 899
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement