Reviews

CBN, NAFEX Inject $2.1bn Into FX Market In 4 Days

At the CBN interbank forex market, the value of the naira-maintained stability to trade at N306.9/$ which it had maintained since the end of trading in …

CBN’s liquidity mop up to exceed N14trn in 2019

CBN …Analysts project higher inflation rate for October By Babajide Komolafe THE liquidity mop-up activities of the Central Bank of Nigeria, CBN, through sale of secondary market treasury bills (TBs) will exceed N14 trillion mark by the end of this year. Financial Vanguard investigations revealed that the apex bank as at last week, has sold secondary market (Open […]

Governors’ demand for dollar payments: The way forward!

By Henry Boyo President Muhammadu Buhari (left), exchanging pleasantries with Lagos State Governor, Mr. Babajide Sanwo-Olu (right) during the Governors’ visit to the President in Daura, Katsina, on Tuesday, August 13, 2019. With them are Chairman, Progressives Governors Forum and Kebbi State Governor, Alhaji Atiku Bagudu (middle); Chairman, Nigeria Governors’ Forum and Ekiti State Governor, […]

Only healthy economy‘ll attract foreign investors – Newtelegraph

  Sovereign Trust Insurance Plc is currently grappling with profit issues due to challenging operating environment. Chris Ugwu writes     D espite the recapitalisation of insurance firms in 2007, the sector has continued to struggle with challenges such as dearth of appropriate human capital with professional skills, poor returns on investment, and poor asset […]

OMO restriction: NSE extends weekly gain by 2.04%

s the effects of CBN’s recent policies Open Market Operations (OMO) continue to spur capital market activities, investors’ positive sentiment in the …

The way forward! – Punch Newspapers

Henry Boyo The discussion, in last week’s column, was about the intention of state governors to, henceforth, demand payment of their monthly portions of fiscal allocations in the currency in which the revenue was earned. It is not clear why the Central Bank of Nigeria and the Revenue Mobilisation, Allocation and Fiscal Commission have consistently, […]

NIPOST revenue loss: Reps express concern, summon CBN, commercial banks

… Nigerian Postal Service (NIPOST), running to billions of naira ought to have been collected on stamp duties between 2004 and 2015 respectively.

Can the naira survive Yuletide rush

Less than two months to the end of the year and few weeks to the yuletide season, there are fears that the local currency may literally take a lot of beating due to factors not unrelated to surge in demand and supply of foreign exchange, inflation to mention just a few, report Ibrahim Apekhade Yusuf […]

Move to concession Customs critical operations stalled

Comptroller-General of Customs, Col. Hamid Ali (retd) …House insists on public hearing, orders probe of CISS By Eguono Odjegba Barely two months after opening up the operations of the Nigeria Customs Service to the military and other para military agencies, there are strong indications that President Muhammadu Buhari has ordered the concession of Customs critical […]

Can the naira survive Yuletide rush?

Less than two months to the end of the year and few weeks to the yuletide season, there are fears that the local currency may literally take a lot of ‘beating’ due to factors not unrelated to surge in demand and supply of foreign exchange, inflation to mention just a few, report Ibrahim Apekhade Yusuf […]

‘No cause for alarm’

Agency Reporter   In the view of Mallam Aminu Gwadabe, President, Association of Bureaux De Change Operators of Nigeria (ABCON), the intervention by the apex bank has done a lot of good to sustaining the stability of the naira. Speaking with our correspondent at the weekend, the ABCON boss reiterated that the intervention has done […]

Genevieve Nnaji’s rise from Nollywood to Netflix

Image copyright Getty Images Nigerian star and film director Genevieve Nnaji has already shown that she is a force to be reckoned with, so the disqualification of her Netflix film from the Oscars is unlikely to frustrate her ambitions. In fact the rejection of Lionheart earlier this month from the Academy’s best international feature film […]

Analysts: OMO restriction threatens banks’ profitability

he decision by the Central Bank of Nigeria (CBN) to bar non-bank locals (individuals and corporates) from participating in its Open Market Operations …

CBN injects $341.75m, CNY14.7m into retail SMIS – Similar News

CBN injects $341.75m, CNY14.7m into retail SMIS – Similar News | noovell CBN injects $341.75m, CNY14.7m into retail SMIS – Related articles from other sources More news