Finance & Economy - Page 266

CBN To Refund Pending Licence Applications Fees To Bureau De Change Promoters

The Central Bank of Nigeria (CBN) will commence the immediate refund of capital deposits and licensing fees to Bureaux de Change (BDC) promoters who have pending licence applications. The CBN announced this

Editor

3 years ago

Finance & Economy·Latest News

BDC Operators Vow To Independently Source Forex

The Association of Bureau De Change Operators of Nigeria (ABCON) has in response to the ban by the Central Bank of Nigeria, assured members of the public that Bureau De Change operators

Editor

3 years ago

Naira Ends Week With N59.71 Gain At Official Market

Currency·Finance & Economy

Naira Gains At Official Investors Window

As the official investors and exporters windows closed on the 28th of July, the naira gained on the dollars closing N41.6/$1 representing a 0.02% appreciation compared to N411.65/$1 recorded on Tuesday, 27th

Kayode Shopekan

3 years ago

Buhari Explains How AKK Project Will Enhance Gas Utilization For Industrialisation

President Muhammadu Buhari has explained that successful completion of the Ajaokuta-Kaduna-Kano, AKK Project in 2023 would enhance domestic gas utilisation as the mainstay for national industrialisation. Buhari stated this at the opening

Editor

3 years ago

Finance & Economy·Latest News

CBN Orders Banks To Set Up Forex Teller Points

The Central Bank of Nigeria (CBN) has directed banks to set up teller points in designated branches to sell foreign currencies including the dollar to Nigerians. The directive which followed the CBN’s

Editor

3 years ago

DPR Shuts 13 Gas Stations In Akwa Ibom State

No fewer than 13 cooking gas stations were sealed in July by the Department of Petroleum Resources(DPR), Eket Field Office, for illegal operation. This was disclosed on Thursday by Operations Controller if

Editor

3 years ago

Forex Market Turnover Rises By 42.69% To $14.39bn

Finance & Economy·Latest News

BDC Operators To Meet With CBN Governor Over Forex Ban

Banned operators of Bureau De Change are set to meet with Governor of Central Bank of Nigeria (CBN) Mr. Godwin Emefiele. The operators under the auspices of Association of Bureau de Change

Kayode Shopekan

3 years ago

Finance & Economy·Latest News

CBN Bails Out Discos, Disburses N156.33bn To Boost Power

In order to boost electricity supply within the country, Central Bank of Nigeria (CBN) disbursed N156.33 power Distribution Companies (Discos). The Apex bank also disbursed N36.04 billion to 17 Meter Asset Providers

Kayode Shopekan

3 years ago

Agro-Economy·Latest News

FG Determined To Tackle Inflation, Food Security

Tackling the current inflation and other challenges of food security in Nigeria is in top priority list of the Federal Government. This was disclosed by Vice President Yemi Osinbajo, who spoke virtually

Editor

3 years ago

Finance & Economy·Latest News

Nigeria’s Capital Investment Falls To $875.6m From $1.9bn in Q2 – NBS

The total value of capital importation into Nigeria declined to $875.62m in the second quarter of 2021 from $1.9bn in the first quarter of 2021. This was disclosed in a report released

Editor

3 years ago

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Finance & Economy - Page 266

CBN To Refund Pending Licence Applications Fees To Bureau De Change Promoters

BDC Operators Vow To Independently Source Forex

Naira Gains At Official Investors Window

Buhari Explains How AKK Project Will Enhance Gas Utilization For Industrialisation

CBN Orders Banks To Set Up Forex Teller Points

DPR Shuts 13 Gas Stations In Akwa Ibom State

BDC Operators To Meet With CBN Governor Over Forex Ban

CBN Bails Out Discos, Disburses N156.33bn To Boost Power

FG Determined To Tackle Inflation, Food Security

Nigeria’s Capital Investment Falls To $875.6m From $1.9bn in Q2 – NBS

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