Women work for free while billionaires accumulate wealth
From birth to death, no matter where we are, someone hopefully takes care for us. Likely, it is a woman who is not being paid for it. This unpaid care work amounts…
CBN I&E forex window attracts $4bn in three months
Nigeria's importers and exporters foreign exchange window introduced by the Central Bank of Nigeria about four months ago has attracted four billion dollars from foreign investors since April.…
Nigeria settles backlog of forex demand for airlines, fuel
The central bank of Nigeria sold an undisclosed amount of dollars today to settle a backlog of foreign exchange demand for airlines, fuel and raw material imports.…
CBN to sustain intervention in forex market
The interventions by the Central Bank of Nigeria continue in the country's foreign market with the apex bank recently selling 280 million dollars across the markets to meet dollar demand.…
CBN injects $280mn into forex market
Interventions by the Central Bank of Nigeria continued with a fresh injection of 280 million dollars across the markets to meet dollar demand.…
Nigeria’s tax reform
Nigeria is planning a new tax scheme that is expected to increase the country's tax to GDP ratio to 15 percent from 6 percent and aims to generate an estimated one billion…
How will Nigeria’s forex policy affect investment?
The Central Bank of Nigeria has pledged to defend its current foreign exchange policy and the apex bank pumped a fresh 240 million dollars in the forex market on Monday.…
Nigeria stocks start week in negative
Nigeria's bourse closed negative on Monday, as investors took profit from a number of counters. Meanwhile, the Central Bank of Nigeria on Monday disbursed a total of 240 million dollars to retail…
One-humped beauties take the stage in Saudi Arabia
More than 50,000 camels participate in the country's month-long annual King Abdulaziz camel festival with this year's prize money equivalent to $31 million dollars.…
CBN pump additional $350mn into forex market
The Central Bank of Nigeria pumped an additional 350 million dollars into the foreign exchange market over the weekend as part of its plan to sustain the positive momentum.…
Sanusi backs MPC decision, foresees rebound of economy
At the launch of the Afrinvest Nigeria banking sector report, the Emir of Kano and former governor of the CBN, Muhammadu Sanusi II spoke about the recent move by the Central Bank…