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Intervention fund: Nigeria’s creative industry to provide 300,000 jobs

By Chioma Obinagwam The Central Bank of Nigeria (CBN) and the banks under the aegis of the Bankers’ Committee, at the weekend disclosed...

BusinessNewsUncategorized

CBN cuts MPR by 50bps to stimulate economy

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has cut Monetary Policy Rate (MPR) by 50 basis points( bps...

BusinessForeign NewsNewsUncategorized

CBN injects $268.4m, CNY46.3m into retail SMIS

The Central Bank of Nigeria (CBN) on Friday, February 22, 2019, made an intervention of $268.4 million in the retail Secondary Market Intervention...

BusinessForeign NewsNewsUncategorized

CBN refutes story on Forex arbitrage

…Forex exchange rates geared towards convergence not arbitrage By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank has dismissed the...

BusinessNewsUncategorized

CBN maintains 14% interest rate to achieve financial system stability

By Chioma Obinagwam The  Central Bank of Nigeria (CBN) for the 15th time, has left interest rate unchanged in its efforts to control...

BusinessNewsUncategorized

Equities market to rebound in H2 2019 on budget implementation

  By Chioma Obinagwam The current downturn in the equities market will soon come to a halt as the Federal Government of Nigeria...

BusinessUncategorized

CBN makes another $210m Intervention in forex market

  By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s Apex bank, has sustained its intervention in the Inter-Bank Foreign Exchange (Forex)...

BusinessCrimeNewsUncategorized

Civic group queries discrepancy in Lagos government monorail budget

… contractor’s figures at N65.52bn while state figures N432bn   By Chioma Obinagwam BudgIT, civic organization that applies technology to intersect citizen engagement...

CrimeNewsUncategorized

Ben Murray-Bruce reacts to video on fleeing Nigerian soldiers at Boko Haram site

WATCH and SHARE this video of how fleeing Nigerian soldiers complain about not being properly armed by the @MBuhari government leading to massive...

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Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

In four photos, NCC reacts to Executive Order on Critical National Information Infrastructure

By Chioma Obinagwam The infrastructure of the Nigerian Communications Commission (NCC) has now been classified as Critical National Information Infrastructure (CNII). Confiance News...

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