Nigeria, Niger sign $2bn hydrocarbon pipeline, refinery

By Ahmed Idris The Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, and the Nigerien Minister of Energy, Mr. Foumakaye Gado on Tuesday signed a memorandum of understanding

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Forex: CBN flags off SMIS in Chinese Yuan

The Central Bank of Nigeria (CBN) on Friday, July 20, 2018, flagged off its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signaling the consummation of the

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FOREX: CBN boosts Retail Segment with $318.73m

ABUJA – Customers in the retail segment of the Nigerian inter-bank foreign exchange market received a $318.73m boost from the Central Bank of Nigeria (CBN) on Friday, June 29, 2018.

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Government policy in mining sector yielding positive results – Buhari

By Ahmed Idris President Muhammadu Buhari on Thursday in Abuja said the federal government’s key policy objective of rejuvenating the mining sector was being realised as witnessed by the diversification

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Nigerian govt approves N993.3m simulator for Nigeria College of Aviation Technology

By Ahmed Idris The Federal Executive Council (FEC) on Wednesday approved approved N993.3 million for Simulator at the Nigeria College of Aviation Technology (NCAT), Zaria. This was disclosed by the

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Forex market gets $210 million lift

By Nasir Kura The Central Bank of Nigeria (CBN) has made available the sum of $210 million to meet customers’ requests in various segments of the foreign exchange market. In

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CBN injects $210 million into forex market

By Nasir Kura The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. The apex

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Nigeria, Morocco sign agreement on gas pipeline, agric training

By Ahmed Idris The Federal Republic of Nigeria and the Kingdom of Morocco on Monday in Rabat, Morocco, signed three agreements, which includes a regional gas pipeline that will see

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Buhari appoints new CBN Deputy Governor

By Ahmed Idris President Muhammadu Buhari has approved the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria subject to Senate confirmation. Mr. Folashodun

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Nigeria’ll boost economic relations with Tanzania – Buhari

By Ahmed Idris Nigeria is ready to boost economic ties with Tanzania for the benefit of citizens of the two countries, President Muhammadu Buhari said on Thursday in Abuja. Receiving

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