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Central bank injects $210 million into foreign exchange market

The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market.

Air Peace dismisses prophecy of impending accident as fake

Air Peace on Friday urged members of the public to ignore a recorded voice message warning them not to patronise the airline and some other air and land transport companies.

Central bank boosts forex market with $210 million

The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with $210 million to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications, said.

Central bank mandates bureaux de change to access foreign exchange window thrice weekly

The Central Bank of Nigeria has made it mandatory for all the Bureau de Change operating in Nigeria to access Foreign Exchange from it thrice a week.

CBN: 41 items still banned under Nigeria-China currency swap deal

The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items not valid for foreign exchange.

Lagos community decries poor power supply

Electricity consumers in Cardoso Awodi-Ora area of Ajegunle Apapa in Ajeromi Ifelodun Local Government Area, Lagos, on Friday decried the epileptic power supply, outrageous billing and dilapidated equipment in their community.

Bank manager, brother drown during picnic at Ibeno Beach

The Manager of Skye Bank Plc, Abak Road Branch, Uyo, Akwa Ibom State, Mr. Ubong Ekpe, is dead.

Central bank spends N55bn to improve local food production

The Central Bank of Nigeria says it has disbursed N55 billion to more than 250,000 farmers within two years of implementation of the Anchor Borrowers Programme.

Nigeria’s power sector needs good hands to move up in future – Lagos govt

The Lagos State Government says Nigeria needs good hands in the power sector to move it up in future.

Transmission station fire outbreak throws Kano into darkness

Most parts of Kano metropolis have been thrown into darkness, following a fire outbreak at the Kofar Dan’agundi transmission station in Kano on Thursday.

Nigerian Stock Exchange website ranked best in Africa

The Nigerian Stock Exchange (NSE) website has been ranked as the highest stock exchange website in Africa.

Naira closes flat as central bank injects $195m into forex market

The Central Bank of Nigeria has continued its sustenance of foreign exchange liquidity by injecting another $195m into the inter-bank foreign exchange market, even as the naira maintains its strength.

NIMASA chief Dakuku Peterside tasks legal experts on Maritime Law

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, on Monday charged maritime lawyers to be abreast with the newest advocacy on maritime laws to remain relevant in the sector.

NEPC chief attributes exports rise of 3.2% in Q2 to economic diversification

Mr Olusegun Awolowo, Executive Director, Nigerian Export Promotion Council (NEPC) says Nigeria’s exports appreciation by 3.2 per cent confirmed that the present administration’s economic diversification is paying-off.

Pension directorate appoints five new directors

The Pension Transitional Arrangement Directorate (PTAD) has appointed five new directors for better service delivery of its mandate.

NPA board approves new structure to eliminate redundancy, improve efficiency

The Board of the Nigerian Ports Authority (NPA) says it has approved a new organisational structure and the commencement of a Business Process Re-engineering initiative to improve efficiency.

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