Foreign exchange: traders battle for profit as market achieves rate convergence
The convergence of rates between licenced Bureau De Change Operators and parallel…
Britain’s Health Service plans to recruit 21,000 mental health workers
National Health Service (NHS) in Britain has planned to recruit about 21,000…
Oil hits $53 approximately on tighter U.S market
Oil prices hit a two-month high on Monday lifted by a tightening…
Ministry targets 27bn dollars contribution to GDP by 2025
The Ministry of Mines and Steel Development says it will contribute 27…
Green card scam: American to remain in Kirikiri Prison till July 10
An American national, Marco Ramirez, who allegedly obtained 565,000 dollars under false…
Etisalat’s $1.2b loan: Banks seek FG’s investigation into usage
Strong indications emerged on Wednesday that consortium of 13 banks, involved in…
Why I chose to collect ransom in dollars – Suspect
A suspected kidnap kingpin, Chukwudi Dumeme Onuamadike , also known as Evans,…
CBN injects $190m into FOREX market, opens up market
Relentless to achieve convergence of rates between the interbank and Bureau de…
Afreximbank closes $632.9mln, €449.6mln syndicated loan facility
The African Export-Import Bank (Afreximbank) has successfully closed a record 632.9 million…
Sokoto State Govt to secure $6m World Bank grant for mining activities
The Sokoto State Government, said on Friday it had concluded arrangements with…
CBN injects $457.3m into forex market
The Central Bank of Nigeria (CBN) on Monday injected 457.3 million dollars…
FIFA may sanction Italian FA over handling of Muntari treatment
FIFA Secretary General Fatma Samoura on Tuesday said Italian football authorities are…
Court refuses to unfreeze Patience Jonathan’s account
A Federal High Court in Lagos on Monday refused a request by…
South Africa’s net foreign reserves rose to $41.728 bln in April – Reserve Bank
South Africa’s net foreign reserves rose to 41.728 billion dollars in April…
Forex: Buhari happy with market stability
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has…
Cash Call debts: FG pays $400m first tranche to IOCs
The Federal Government said it had released 400 million dollars to settle…
Nigeria loses $850m to gas flaring in 2015- DPR
The Department of Petroleum Resources (DPR) said that Nigeria, the ninth largest…
Uncovered dollars, a reflection of lingering issues in our society — former Aviation Minister
Dr Osita Chidoka, a former Minister for Aviation, said on Thursday that…
Buhari seeks Senate’s approval of $6.93bn borrowing plan
President Muhammadu Buhari on Wednesday requested the Senate to urgently consider and…
CBN sells $25m to investors, exporters
The Central Bank of Nigeria (CBN) on Tuesday commenced interventions in the…
Minister briefs President Buhari on $150m mining grant
The Minister of Mines and Steel Development, Dr Kayode Fayemi, has briefed…
CBN pumps $100m into forex market
The Central Bank of Nigeria, CBN has pumped a total $380million within…
World Bank earmarks $150m to support Nigeria mining sector
The World Bank on Wednesday approved 150 million dollars credit to help…
Fake Prophet Scams Corps Member, Flees with Dollars
A self-acclaimed prophet of a Lagos based orthodox church, has been arrested…
EFCC Recovers Fake $570,000 From Fraudsters In Kaduna
The Economic and Financial Crimes Commission, EFCC, has conducted yet another successful…
CBN to inject another $10,000 to BDCs to check speculation
The Central Bank of Nigeria (CBN) will inject additional 10,000 dollars proceeds…
World Bank to execute 150m US-dollar projects in Adamawa-Governor
Gov. Mohammed Bindow of Adamawa has said that the World Bank planned…
Naira gains strength against dollar as CBN fights recession with another $180m
The Central Bank of Nigeria (CBN) has pumped a total of $180…
FG inaugurates committee on $500m grant
The Federal Government has inaugurated a committee to supervise the 500 million…
CBN pumps fresh $195m Into forex market
The Central Bank of Nigeria has, on Tuesday, March 14, 2017 released…