Economy
36 ships with petrol, food expected in Lagos ports
Thirty-six ships laden with petroleum products, food items and other goods are expected to arrive in Apapa and Tin-Can Island...
Read moreDetailsSalary crisis hits Nigerian embassy in Washington
The Ministry of Foreign Affairs has confirmed owing junior staff salaries at the Embassy in Washington DC, but the embassy...
Read moreDetailsNigeria plans to set up national airline, develop aviation capacity
Nigeria has appointed advisers to help it set up a national airline and develop its aviation infrastructure -- currently seen as...
Read moreDetailsCBN plans $150 mln FX intervention -traders
Nigeria's central bank plans to offer $150 million on the spot and forward markets on Wednesday, traders said, citing a...
Read moreDetailsOsinbajo’s committee to submit report Monday
The three-man Presidential Investigative Committee set up by President Muhammadu Buhari, GCFR, under the chairmanship of Vice President Yemi Osinbajo,...
Read moreDetailsCBN to auction 140 bln naira bonds on May 10, debt office says
CBN plans to auction 140 billion naira ($446 mln) in bonds on May 10, the Debt Management Office said on...
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CBN says has suspended some lenders from FX sales
CBN has suspended several lenders from its weekly spot and forward interventions because they had made it difficult for small...
Read moreDetailsFEC meeting starts without Buhari
President Muhammadu Buhari was absent at the start of Wednesday’s weekly meeting of the Federal Executive Council. The meeting was...
Read moreDetailsCBN bars UBA, GTB, First Bank from FOREX market
The Central Bank of Nigeria (CBN), on Tuesday, barred First Bank, the United Bank for Africa(UBA) and 12 others from dealing...
Read moreDetailsCBN trying to make FX rates converge -spokesman
CBN is working to make exchange rates for its currency converge on the official and black markets, its spokesman said,...
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