Central Bank of Nigeria

CBN pumps $210m to boost Forex Market

By Joseph INOKOTONG The inter-bank Foreign Exchange Market has received the sum of $210 million from the Central Bank of Nigeria (CBN), to meet customers’ requests in various segments of the market. Figures obtained from the Bank on Monday,...

$210m Injected into currency market – CBN

By Aaron Ossai A whooping $210 million has been injected into the interbank foreign exchange, the Central Bank of Nigeria, CBN has said. The apex bank in a statement said the measure was part of its efforts to boost liquidity and...

CBN lists FX gains restriction on 41 Items …projects foreign reserve to hit $40bn

    The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele     By Joseph INOKOTONG The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the dogged implementation of the Bank’s policy, which restricts importers of certain items access to foreign exchange...
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Trader in court for allegedly beating up, injuring neighbour

A 35-year-old man, Gadafi Ibrahim, on Wednesday appeared in a Kaduna Chief Magistrates’ Court, for allegedly beating...
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Army disowns video clip on security operations in Imo

The Nigerian Army has disowned a social media video clip concerning its ongoing internal security in Orlu, Imo.Col. Aliyu Yusuf, Deputy Director,...

Decline of new COVID-19 cases is slowing down -WHO

The global number of new COVID-19 cases fell by 11 per cent to 2.4 million last week, a lower rate than in...

‘Je ka kawe’ will be put to maximum use — LASUBEB

The Lagos State Universal Basic Education Board (LASUBEB) says it will put to optimum use, ‘Je ka Kawe’, an Early Grade Reading...

Taxi driver in court for allegedly swindling passenger of N63,000

A 50-year-old taxi driver, Francis Nwaoha, on Wednesday appeared in a Yaba Chief Magistrates’ Court in Lagos for allegedly swindling his a...