The Central Bank of Nigeria (CBN) has allayed worries over the fluctuation in Nigeria’s external reserves.It assured that with its current level at over $44 billion, there is no cause for alarm.
Senior Minister of the Republic of Ghana, Hon. Osafo-Maafo.
COMFORT EKELEME
Ghanian , Nana Addo Dankwa Akufo-Addo yesterday in Lagos stress the need for policy harmonization, coordination and effective collaboration between the public and private sectors among African countries, in order to drive effective and time tested industrial framework to fully utilize the natural resources to the best of international expectations.
(L-R) Dangote Cement Plc,Regional Sales Director [Technical] Johnson Olaniyi, President of the African Real Estate Society [AFRES], Catherine Kariuki,in Hand Shake with Ibese Plant Director, Armando Martinz, During the President and Members of the African Real Estate Society [AFRES] Facility Tour to Dangote Cement Ibese Plant at the weekend.
Real Estate Operators under the aegis of Africa Real Estate Society (AFRES) have described as unquantifiable the contributions of Aliko Dangote, Chairman of Dangote Cement Plc, in lessening the burden of unemployment through his contributions to the real estate sector of the African economy.
The Federal Government is offering 10 companies, including Nicon Insurance Ltd. and Skyway Aviation Handling Company for sale in the last quarter of this year to raise N289 billion about $797 million toward funding the 2018 budget, the Bureau of Public Enterprises (BPE) has said.
From left, Peter Folikwe, Managing Director/Chief Executive, Berger Paints Nigeria Plc; Ms. Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE); Abi Ayida, the company;s chairman: Mrs. Modupe Oguntade, Head of Finance; and Gbenga Suberu, Head of Sales & Marketing, of Berger Paints Nigeria Plc, addressing the Nigerian capital market community at the company’s Facts Behind the Figures presentation at the Exchange on Monday.
COMFORT EKELEME
Berger Paints Nigeria Plc said it recorded improved revenue of 13 per cent in the first half of 2018 due largely to the increased volume of paints sold and better product mix and increase in demand.
CBN Governor Godwin Emefiele.
COMFORT EKELEME
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) rose from its two day meeting and retained the Monetary Policy Rate at 14 percent.
CBN’s Acting Director, Corporate Communications Department, Isaac Okorafor.
COMFORT EKELEME
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $317.52 million in that segment of the market in addition to CNY58.40 million in the spot and short-tenured forwards segment.
…Says sanction on banks not punitive
COMFORT EKELEME
Central Bank of Nigeria (CBN) has explained that the recent sanctions imposed on four Money Deposit Banks were in no way meant to deter foreign investors.
Managing Director/Chief Executive of the Corporation, Umaru Ibrahim.
The Nigeria Deposit Insurance Corporation (NDIC) said that all is set for its hosting of this year’s edition of the International Association of Deposit Insurers (IADI) Africa Regional Committee (ARC) Annual General Meeting and Technical Assistance Workshop.
The Presidential Task Force on Apapa Gridlock has said that it would on Monday start impounding deviant and idle articulated vehicles on Lagos bridges and roads.
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