Forex: CBN wields big stick, bars erring banks from SME Wholesale Forex window
Following persistent complaints that some deposit money banks (DMBs) have deliberately frustrated efforts by many small and medium enterprises (SMEs)...
MyStocKIT: Heritage Bank launches MSME app for ease of doing business
In line with its commitment to ensure swift expansion of the micro small medium enterprises (MSME) market segment, Heritage Bank...
MTN sacks 280 workers
MTN Nigeria said it had to disengage 280 staff because it wanted to delve into full Information and Communication Technology...
NLNG exports landmark 4000th cargo
The Nigeria Liquefied Natural Gas (NLNG) Ltd., says the company has reached another major milestone with the exportation of its...
Forex: Dealers pick $85.69m out of $100m offered by CBN
The Central Bank of Nigeria (CBN) disclosed on Friday that authorised dealers were only able to pick $85.69 million out...
NSE market indices appreciate marginally by 0.01%
Activities on the Nigerian Stock Exchange (NSE) closed the week on Friday with a marginal growth of 0.01 per cent...
Nestle price growth lifts trading by 0.52%
Some highly capitalised stocks on Thursday recorded price growth on the Nigerian Stock Exchange (NSE), reversing the negative trend. Nestle...
Naira dips slightly against dollar
The Naira on Thursday depreciated slightly against the dollar at the parallel market. The Nigerian currency lost two points to...
Dangote Sugar Refinery to gulp N106bn investments to improve profitability
Alhaji Aliko Dangote, Chairman, Dangote Sugar Refinery (DSR), on Thursday, said that N106 billion would be invested in the company...
CBN auctions $185.86m in Retail SMIS
Following Tuesday’s assurances by the Governor of the Central Bank of Nigeria, Godwin Emefiele, that the CBN will continue to...
NSE All-Share Index drops by 0.77% on profit taking
Activities on the Nigerian Stock Exchange (NSE) closed negatively on Wednesday, halting the two-day price rally, due to profit taking....
CBN sells $25m to investors, exporters
The Central Bank of Nigeria (CBN) on Tuesday commenced interventions in the new Investors and Exporters’ FX Window with the...
NSE market indices rise by 2.21% amid CBN new forex policy
Activities on the Nigerian Stock Exchange (NSE) rebounded on Monday by 2.21 per cent on the heels of the Central...
FMDQ OTC posts N13.42trn turnover
FMDQ OTC Securities Exchange recorded N13.42 trillion worth of transactions in fixed income and currency markets in March. This is...
Forex: CBN injects $246.2m for Wholesale, SMEs, Invisibles
The Central Bank of Nigeria (CBN) on Monday, offered $246.2 million to authorised dealers at the forex auction in...
Naira stabilises at parallel market
The naira on Monday stabilised against the dollar at the parallel market. The Nigerian currency traded between N380 (buying rate)...
Forex: CBN creates FX window for investors, exporters
Two weeks after opening a special Forex window for Small and Medium Enterprises (SMEs), the Central Bank of Nigeria (CBN)...
NIMASA to begin removal of wrecks on waterways, says Peterside
The Nigerian Maritime Administration and Safety Agency (NIMASA) on Friday said it was ready to begin the removal of wrecks...
NSE All-Share Index dips 0.37%
Transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a negative trend with the All-Share...
Naira consolidates gain against dollar
The Naira on Thursday strengthened against the dollar in all the major segments of the market. At the parallel market,...
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