The African Development Bank, along with some partners across the globe, has announced the securing of $1bn to enable investment in infrastructure development across the African continent, including Nigeria.The announcement, which was made in Ottawa, Canada, according to a statement made available to our correspondent by the AfDB, listed the partners in the multi-level securitisation…
The Federal Government has transferred its 21 per cent shares in the Nigerian Security Printing and Minting Company to the Central Bank of Nigeria. Vice-President Yemi Osinbajo, who is the Chairman of the National Council on Privatisation, on Tuesday witnessed the signing of the transfer instrument, which was co-signed by the CBN Governor, Godwin Emefiele,…
The Central Bank of Nigeria (CBN) on Tuesday intervened in the interbank foreign exchange market to the tune of $210 million. According to the figures obtained from the CBN, it offered $100million to authorised dealers in the wholesale segment of the market, while the small and medium scale enterprises (SMEs) segment received the sum of…
