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CBN sets N360 for dollars sales to customers

March 27,2017
 

The Central bank of Nigeria (CBN) has ordered all deposit money banks to immediately commence the sale of foreign exchange to their customers at not more than N360 to the dollar.

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PRESS RELEASE: NIGERIA, MOROCCO FERTILIZER DEAL CREATES 50,000 JOBS

March 24,2017
 

About 50, 000 jobs have been created in the country following the signing of a Memorandum of Understanding (MoU) on the supply of phosphate between the Nigerian and the Moroccan government.

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Crude oil deposits discovered in Bida basin, Niger State

March 17,2017
 

Professor Nuhu Obaje, the director of the Ibrahim Badamasi Babaginda University Research Centre, Lapai, made this known on Thursday in Lagos.

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Again, CBN pumped fresh $195m into the forex market

March 14,2017
 

The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market as part of its wholesale intervention to ensure liquidity in that segment of the market.

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Finance Minister: Nigeria’s economy set for positive growth.

March 13,2017
 

Minister of Finance, Mrs. Kemi Adeosun, has reaffirmed the commitment of the Federal Government to return the economy on a path of sustainable growth having weathered the storm of a difficult macroeconomic environment over the years

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CBN to inject more funds in Forex market this week.

March 12,2017
 

There are strong indications that the Central Bank of Nigeria (CBN) is unrelenting in its move to ensure liquidity in the interbank foreign exchange (Forex) market, as it will inject more funds into market this week. ...

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CBN pumps additional $100m into the forex market.

March 07,2017
 

The Central Bank of Nigeria on Tuesday injected another sum of $100m into the interbank foreign exchange market, its acting Director, Corporate Communications, Isaac Okorafor has said. ...

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Ag. President storms Lagos, to flag-off Lagos-Ibadan rail line project.

March 07,2017
 

Acting President Yemi Osinbajo is being awaited in Lagos to kick-off the construction of the Lagos-Ibadan rail line. ...

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Dollar to crash further as CBN orders 24hrs processing of PTA and 48hrs school fees.

March 05,2017
 

The Central Bank of Nigeria, CBN, on Sunday directed banks to ensure that all requests for foreign exchange by customers for certain purposes were met within an average of 24 and 48 hours. ...

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NCC: Telecommunications Sector Contributes 8.9% To National GDP In 2016.

March 04,2017
 

The Nigerian Communications Commission (NCC)  has disclosed that the telecommunication sector contributed 8.9 percent to the National Gross Domestic Product (GDP) of the country which is above the 8.6 percent contributed in 2015. ...

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News Flash: B/Haram Insurgency

news flash::2016-06-25 Troops & CJTF cleared Zangebe, Maiwa, Algaiti and Mainari villages killing 6 Boko Haram terrorists, wounded several, & liberated over 5,000 persons


news flash::2016-06-23 Troops cleared Terrorists suspected hideouts in Kursori, Bashirari, Malatari, Goneri, Kajimari, Lawan Kolori and Yale villages within Konduga LGA


news flash::2016-06-22 69 family members of Boko Haram terrorists escaping from Sambisa intercepted


news flash::2016-06-22 Troops Clear Boko Haram Terrorists Hideouts at Matari & Kaidiri killing 2


news flash::2016-06-16 Troops Carry Out Clearing Operations in Kircha Dungus, Mulfuta, Baibawa, Jenere, Bembem, Maksamari, Bula Kafie and Bula Bodi. Killed 6 Terrorist rescued many women


news flash::2016-06-14 Troops Rescue 53 More Persons Kill 2 Terrorists and Arrest One in Madube


news flash::2016-06-13 Troops repelled an attack on their location by suspected Boko Haram terrorists at Pulka


news flash::2016-06-13 Boko Haram terrorists on 6 motorcycles attacked Kutuva village, killed 4 persons and abducted 4 women


news flash::2016-06-10 Boko Haram Dislodged from Camps at YAJIWA


news flash::2016-06-10 Boko Haram terrorists elements earlier dislodged at Chukungudu and Hausari villages


news flash::2016-06-10 Troops Clear Boko Haram Camps at Yajiwa


news flash::2016-06-09 Boko Haram terrorists camps destroyed in Bama


news flash::2016-06-04 Troops Clear Boko Haram Terrorists out of Chukungudu


news flash::2016-06-04 Troops Kill an "Ameer" Smoke Terrorist at Out of Chukungudu


news flash::2016-06-02 Troops Kill 3 Boko Haram Terrorists and Arrest one in an Ambush


news flash::2016-06-02 Troops Ambush Armed Bandits in Kubau


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