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The Central Bank of Nigeria has injected over $10.97bn, into the Forex Market between January and October this year, to defend the Nation’s currency, the Naira, against other major currencies, including the dollar.” (See Punch Newspaper report of November 18th 2018 titled “CBN Defended Naira with $11bn in 10 months”).
China’s trade surplus with the United States ballooned to a record $34.1 billion in September, despite a raft of US tariffs, official data showed Friday, adding fuel to the fire of a worsening trade war.
The Central Bank of Nigeria (CBN), on Friday, provided 317.52 million dollars and 58.40 million Chinese Yuan (CNY) to customers seeking foreign exchange in the agricultural and raw material sector.
The Central Bank of Nigeria (CBN), on Friday, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales.
The President noted that with the reviewed bilateral cooperation between Nigeria and China, majority of citizens from both countries see improvement in their living conditions.
The Central Bank of Nigeria (CBN) has boosted the operations of the inter-bank foreign exchange market with about $543.22 million and CNY63.21 million after two days interventions.
The forum was meant to provide insight into how best to help clients and businesses leverage the opportunity as well as assess the impact of the Chinese economy on trade in Africa.
The Central Bank of Nigeria (CBN) on Thursday released guidelines for the bilateral Currency Swap agreement between Nigeria and China.
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.
China raised the exchange rate for the yuan against the US dollar for the 10th consecutive session Friday, pushing the unit to its highest level in 16 months.
Kazakhstan has renamed its capital Nur-Sultan, in honour of the country's longtime president who resigned in a surprise move earlier this week.
The Police Command in Anambra has arrested three persons allegedly involved in production and circulation of a viral video where a nude woman was humiliated.
Mrs Iyabo Toluhi (nee Adesanmi), the elder sister of the late Prof. Pius Adesanmi, on Saturday described the death of his brother as a great loss to the family and community.
The Independent National Electoral Commission (INEC) has declared the All Progressives Congress (APC) candidate for Ibeju-Lekki State Constituency I, Mr Fatai Mojeed, winner of the supplementary election in the area.
Anambra South Senator-elect, Mr Ifeanyi Ubah, has pinched tent with a group of elected lawmakers in the incoming 9th Senate led by Sen. Ahmed Lawan.
Gov. Simon Lalong of Plateau says he is not jittery over the March 23 Governorship Election Re-run in the state.
An 18-year-old girl, Hadiyat Sikiru, has been allegedly killed by a stray bullet during a crossfire between suspected cultists/kidnappers and Police officers in Adamo community, Ikorodu area of Lagos.
Ahead of the Unified Tertiary Matriculation Examination, Prof. Ishaq Oloyede, Registrar, Joint Admission and Matriculations Board, said the board has introduced new innovations for the successful conduct of 2019 UTME.
The rescheduled election in parts of Imo State has been characterised by high rate of apathy, late arrival of voting materials, ballot box snatching and other forms of violence.
A chieftain of the All Progressives Congress (APC), Yekini Nabena, has asked the opposition Peoples Democratic Party (PDP) to forget the dream of taking over the governorship seat of Bauchi state, saying the Independent National Electoral Commission (INEC) has question to answer.