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CBN injects $210m into currency market
The Central Bank of Nigeria said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market,…
World Bank to cease financing upstream oil and gas by 2019
The World Bank said on Tuesday it would no longer finance upstream oil and gas projects after 2019, apart from certain gas…
Nigerian Breweries appoints new MD, restructures management
Indigenous brewer, Nigerian Breweries Plc, has announced the appointment of Mr. Jordi Borrut Bel as the company’s managing…
Reduce lending rate to farmers, Ogbeh begs CBN
The Minister for Agriculture, Chief Audu Ogbeh has appealed the management of the Central Bank of Nigeria (CBN) to reduce lending…
FG to release N750bn to fund capital projects in 2017 budget
The Federal Government on Monday said the sum of N750bn would be released this week to Ministries, Departments and Agencies of…
APMT launches improved cold chain transport for farmers
An international container terminal operator, APM Terminals Inland Services, has launched a refrigerated truck operation to…
Nigerian capital market issuances hit N1.55trn in September – SEC
The Securities and Exchange Commission (SEC) on Sunday said that the total value of issuances in the Nigerian capital market…
Petrolex Mega Oil City to ease Apapa Gridlock by 60%
Petrolex Group, a leading energy conglomerate in Nigeria will commission the first phase of its mega Oil city at Ibefun, Ogun…
CBN, NEXIM approve release of N550b loan to non-oil exporters
The Central Bank of Nigeria (CBN) and Nigeria Export-Import Bank (NEXIM Bank) have approved the release of N550 billion loan to…
Abuse naira, go to jail, CBN warns Nigerians
The Central Bank of Nigeria (CBN) on Friday warned Nigerians against abusing the naira notes.
The apex bank said that anyone…