Monday, March 18, 2019
Business

Business

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The Central Bank of Nigeria (CBN) on Monday denied involvement in foreign exchange manipulation as alleged in one of the national dailies. The bank’s Director, Corporate Communications of the CBN, Mr Issac Okorafor made...
The Office of the National Security Adviser (ONSA) has denied alleged plan to shut down internet access during the upcoming general elections. The News Agency of Nigeria (NAN) reports that ONSA is reacting to...
The Economic and Financial Crimes Commission, EFCC, has secured an interim forfeiture of the sum of fromN1,000,494,000 (One Billion, Four Hundred and Ninety Four Thousand Naira) only. The order was granted by Justice Lewis Allagoa of the...
Guinness Nigeria Plc has launched an agriculture scheme to support the Federal Government’s efforts to diversify the economy and enhance local content in the agricultural sector The scheme, tagged, ‘Grow with Nigeria,’ is designed...
The Naira on Thursday traded flat at N360.5 to the dollar at the parallel market in Lagos. The Pound Sterling and the Euro closed at N469 and N408 respectively. At the...
Apple will reduce prices of the iPhone in markets where local currencies have weakened against the dollar. Apple's iPhone revenue has plunged in the December quarter, and the company is ready to make...
The Central Bank of Nigeria, CBN, on Tuesday said it has injected $210 million into the interbank foreign exchange market. This is part of move by the bank seeking to boost liquidity and alleviate...
The MTN Nigeria has expressed concern over the shutdown of its base transmitting facilities by the Kogi State Internal Revenue Service (KGIRS), over allegations of not meeting its tax obligations to the government. The...
In another round of intervention, the Central Bank of Nigeria (CBN) on Friday injected 289.76 million dollars in the retail Secondary Market Intervention Sales (SMIS). The CBN also intervened to the tune of 38.70...
The minister of Power, Works and Housing, Mr Babatunde Fashola, has raised the hope of Nigerians towards ending crazy electricity billing with the announcement of approval for 108 firms to supply meters. Fashola...
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