Travellers are now to get over the counter foreign exchange, the Central Bank of Nigeria, CBN, has authorised all commercial banks whether they operate an account with the bank or not.
CBN Acting Director of Corporate Communications, Mr Isaac Okorafor, disclosed this in a statement issued [...]
The Managing Director, International Housing and Construction Show Ltd, Mr. Festus Adebayo, has explained that the annual Abuja International Housing Show was aimed at complementing the Federal Government’s efforts in providing affordable houses to Nigerians.
Adebayo, who is the convener [...]
The Central Bank of Nigeria will this week, release the framework that will guide the implementation of the currency swap deal between Nigeria and China.
CBN governor, Mr. Godwin Emefiele, made this known while speaking to journalists after the Monetary Policy Committee meeting held at the apex [...]
Twenty two firms recently got the nod to procure and install meters for customers under the Meter Assets Providers MAP, arrangement the Nigerian Electricity Regulatory Commission have disclosed.
The Commission hopes that the latest development will put an end to the years of estimated billing o [...]
The Executive Secretary, Nigerian Shippers Council, NSC, Bar. Hassan Bello, has with the right streamlining of Nigeria’s transportation system and ports processes, the country does not need oil revenue to develop, as needed revenue will be generated through transportation.
Bello stated th [...]
The Central Bank of Nigeria, CBN, last Friday, lifted the Retail Secondary Market Intervention Sales, SMIS, of the inter-bank Foreign Exchange Market with the sum of $293m.
A statement from the Bank’s Acting Director, Corporate Communications Department, Mr. Isaac Okorafor, confirming the [...]
As parts of efforts of improving the ease of doing business in the country, the federal government has partnered the United Nations to develop an online investment portal that will increase investment inflows into the country.
Speaking at the launch of the portal tagged ‘iGuide Nigeria,&r [...]
Nigeria hopes to attract an additional investment worth $22.5 billion from 164 different projects across the country, through the Economic Recovery Programmes, ERGP, Focus Labs.
The minister of Budget and National Planning, Sen. Udo Udoma, who made this known at an open day event to mark the co [...]
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