Saturday, May 18, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Tag "cbn"

Banks to deduct stamp duty for Dec 2016 transactions in May 2017

    Banks to deduct stamp duty for Dec 2016 transactions in May 2017

Deposit money banks (DMBs) say they will deduct stamp duty for transactions carried out in December 2016 and January 2017 in May 2017. According to banks, the move is as

0 comment Read Full Article

Nigeria’s economy remains resilient

    Nigeria’s economy remains resilient

Nigeria has displayed some resilience against the ongoing recessionary headwinds in 2017, with domestic data currently suggesting early signs of a potential recovery in economic growth. An appreciation in oil

2 comments Read Full Article

Adeosun, Emefiele and my experience in Trump’s America

    Adeosun, Emefiele and my experience in Trump’s America

After Donald Trump became the president of the world’s most powerful nation in January 2017, he gave executive orders to deny entry for citizens and visitors from some Islamic nations.

2 comments Read Full Article

We are working on replacing some of 41 items not valid for forex, says Osinbajo

    We are working on replacing some of 41 items not valid for forex, says Osinbajo

Vice-President Yemi Osinbajo says the federal government is nudging the Central Bank of  Nigeria (CBN) to replace some of the 41 items not eligible for foreign exchange. Earlier in the

0 comment Read Full Article

CBN injects $186m as forex reserves beat $30bn

  CBN injects $186m as forex reserves beat $30bn

Following Tuesday’s assurances by Godwin Emefiele, the CBN says it will continue to intervene in the foreign exchange market, as

0 comment Read Full Article

Collateral is the ‘missing link’ between SMEs and banks

  Collateral is the ‘missing link’ between SMEs and banks

A study on financial literacy in Nigeria has identified collateral as the missing link between small-scale business and the financial

0 comment Read Full Article

78,500 Kebbi farmers repay N1bn CBN loan

  78,500 Kebbi farmers repay N1bn CBN loan

The Kebbi state government says it has recovered close to N1 billion of the Central Bank of Nigeria (CBN) Anchor

0 comment Read Full Article

CBN pumps $150m…but dealers could only buy $96m due to ‘fall in dollar demand’

  CBN pumps $150m…but dealers could only buy $96m due to ‘fall in dollar demand’

The Central Bank of Nigeria (CBN) pumped $150 million into the foreign exchange market, via the interbank window, but dealers could

0 comment Read Full Article

We should be out of recession by third quarter, says Emefiele

  We should be out of recession by third quarter, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the country should be out of recession by the

0 comment Read Full Article

Soludo: Nigeria must get out of multiple exchange rates

  Soludo: Nigeria must get out of multiple exchange rates

Chukwuma Soludo, former governor of the Central Bank of Nigeria (CBN), says Nigeria must take steps to eliminate the current

0 comment Read Full Article
error: Content is protected from copying.