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‘They’ve turned into money laundering agents’ — CBN bans sale of FX to BDCs

    ‘They’ve turned into money laundering agents’ — CBN bans sale of FX to BDCs

The Central Bank of Nigeria (CBN) says it has stopped sale of foreign exchange (FX) to Bureau De Change (BDCs) operators in the country. Godwin Emefiele, governor of the apex

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Chapel Hill, Afrinvest selected to manage Nigeria’s N15trn infrastructure company

    Chapel Hill, Afrinvest selected to manage Nigeria’s N15trn infrastructure company

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the federal government has approved the appointment of asset managers for the Infrastructure Corporation of Nigeria (Infra-Co) Plc. In

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Emefiele: CBN to partner universities on entrepreneurial development

    Emefiele: CBN to partner universities on entrepreneurial development

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex bank is working on a partnership with Nigerian universities to boost entrepreneurial development. Last week, the CBN governor

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Naira appreciates to N493/$1 at parallel market

    Naira appreciates to N493/$1 at parallel market

The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) increased forex supplies to banks. The

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Dangote fertiliser to hit market on Monday

  Dangote fertiliser to hit market on Monday

Dangote Industries Limited says products from its $2 billion granulated urea fertiliser plant will be available in the market on

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Emefiele: Nigeria requires N35trn infrastructure investments for double-digit growth

  Emefiele: Nigeria requires N35trn infrastructure investments for double-digit growth

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the nation requires N35 trillion worth of investment in

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Naira trades N495/$1 at black market

  Naira trades N495/$1 at black market

The naira, on Thursday, appreciated at the importer & exporter (I&E) window by 0.1 percent to N411/$1 but depreciated by

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Emefiele: We’re expecting 12 fighter jets — insecurity will be solved

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the country is expecting 12 fighter jets. This, he

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Emefiele to bandits: Drop your arms and embrace Anchor Borrowers’ Programme

  Emefiele to bandits: Drop your arms and embrace Anchor Borrowers’ Programme

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has asked bandits to drop their arms and embrace the

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RETURN OF PYRAMIDS: How a controversial policy helped Nigeria become Africa’s largest rice producer

  RETURN OF PYRAMIDS: How a controversial policy helped Nigeria become Africa’s largest rice producer

Under sweltering conditions in Birnin Kebbi, Kebbi state capital, President Muhammadu Buhari on November 17, 2015, launched the Anchor Borrowers’

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