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CBN injects $210m into foreign exchange market

  The Central Bank of Nigeria (CBN) has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting 210 million dollars into the various segments of the market. The Director, Corporate Communications, CBN, Mr Isaac Okorafor, on Tuesday in …

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Air Peace acquires 10 new Boeing aircraft

  •‘Deal will strengthen Nigeria, US bond’ Nigeria’s airline, Air Peace airlines has signed a deal with Boeing, a United States-based airline manufacturer for the purchase of 10 new aircraft.

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NSE market capitalisation dips by N19bn

Equity transactions on the Nigerian Stock Exchange (NSE) on Wednesday reversed to the negative trend after appreciating for one day as market capitalisation depreciated by N19 billion.

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CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customer’s request in various segments of the market.

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Aero takes delivery of Bombardier Dash 8-300, 2 others, increases flights

Aero takes delivery of Bombardier Dash 8-300, 2 others, increases flights Nigeria’s oldest airline, Aero Contractors, says it has expanded its operations with the delivery of more aircraft to its fleet. The CEO of the airline, Capt. Ado Sanusi, said the outfit …

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CBN sanctions four banks over violations

For allegedly violating the extant laws and regulations of the Federal Republic of Nigeria, including the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, 1995 of the Federal Republic of Nigeria and the Foreign Exchange Manual, 2006, The Central Bank of …

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1,000 for Heritage Bank’s Next Titans Audition In Lagos

Over 1000 youths attended the Lagos audition of the Heritage Bank Plc’s foremost entrepreneurial reality TV show, commonly called the Next Titan.

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Coca-Cola celebrates customers appreciation week

… To host 3 city golf tournaments for customers…. As part of its global Customer Appreciation Week, beverage giants Coca-Cola Nigeria, will host the second edition of its annual Customer appreciation golf tournament, to celebrate and acknowledge its loyal customers …

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MTN Nigeria signs N200bn loan facility with 12 banks

    MTN Nigeria said it has signed a seven-year N200 billion Medium term loan facility with consortium of twelve banks. The agreement was formally signed at ceremony at the law office of Alike & Purpose in Ikoyi, Lagos. The …

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World Bank supports Nigeria with $611 m to get children school

World Bank supports Nigeria with $611 m to get children school The World Bank will support Nigeria with $611 million dollars to get children back to school under the Better Education Service Delivery for All (BESDA) programme, the Coordinator, Prof. …

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