CBN, MTN resolve forex repatriation row after $53m payment
The CBN in August 2018 directed MTN to reverse repatriations valued at $8.1 billion done on its behalf by four ...
Tag: foreign exchange
$8.1bn repatriation: CBN, MTN agree to settle out of court
MTN had filed a suit seeking an injunction to restrain CBN and AGF from taking further actions to reclaim the ...
Banks not doing enough for SMEs – Odude, President, BCI
"Where government generates most of its income from taxes, the attitude of government will be to encourage enterprises and SMEs ...
CBN injects $317.52m, CNY 58.40m into retail SMIS
CBN said the Bilateral Currency Swap Agreement with the Peoples’ Bank of China has continued to receive encouraging responses from ...
FG kicks against rivalry, strikes in health sector
Gyang Bere, Jos The Federal Government has said that the rivalry between doctors and nurses and the spate of industrial ...
The lesson from Venezuela
Both Venezuela and Nigeria are developing countries. They are both oil-producing nations and members of the OPEC Victoria Ngozi Ikeano ...
Forex: SON charges Nosak on local sourcing of raw materials
Adewale Sanyaolu The Standards Organisation of Nigeria (SON), has charged Nosak Fam Produce Limited, a subsidiary of Nosak Group to ...
CBN issues guidelines on Naira-Renminbi swap deal
NAN The Central Bank of Nigeria (CBN) on Thursday released guidelines for the bilateral Currency Swap agreement between Nigeria and ...
Nigeria leads South Africa in foreign reserves
NAN Nigeria is leading South Africa in net foreign reserves as that of the West African country hits $47.37 billion ...
