The Central Bank of Nigeria (CBN) says it has so far disbursed N64.7 billion of the N213 billion earmarked for power sector intervention. The money was...
THE Bureau of Public Enterprises has said that the disbursement of the N213 billion intervention fund for the power sector has been shelved pending the resolution...
By Adedeji Fakorede Contrary to speculations making the rounds that Central Bank of Nigeria (CBN) is planning to license Mobile Network Operators (MNOs) to operate Mobile...
By Odunewu Segun The President of the Association of Bureau De Change operators, ABCON, Alhaji Aminu Gwadabe has said the new rules by the Central Bank...
The Governor of CBN, Mr. Godwin Emefiele, says the apex bank may not release funds due to banks following the reduction of the Cash Reserve Ratio...
When it is time, the Central Bank of Nigeria will make information available to the public on surrendered funds, President Muhammadu Buhari said while delivering a...
An Aviation Expert and Managing Director of Katari System Nigeria Limited, Ali Mohammed Magashi, has identified very high interest rate charged by airlines by commercial banks...
By ANDREW OJIEZEL The Federal Executive Council (FEC) has announced Medium Term Expenditures Framework (MTEF) of N6 trillion for the 2016 budget using @38 as crude...
The Central Bank of Nigeria (CBN) has assured operators of Bureau De Change in the country that it has enough dollar cash to meet demand by operators...
…as Forex reserves drop to $29.88bn By Odunewu Segun Nigeria’s foreign reserves have again dropped from the $30.4 billion recorded on by the end of November...