CBN – Page 5 – Maritime First Newspaper

Shareholders approve Access-Diamond Bank merger

…As NOUN gets new Deputy Vice-Chancellor*** Diamond Bank Plc and Access Bank Plc on Wednesday announced the approval of their merger by shareholders of the banks....

Banking sector well positioned to support monetary, fiscal recovery efforts, says Emefiele

Economy6 years ago

CBN bans forex sale for textile imports

…As IG bans use of unmarked vehicles over polls*** Textiles and garments imports have joined the Foreign Exchange (FOREX) restriction list of the Central Bank of...

Economy6 years ago

NNPC loses N228.1bn revenue as refineries remain dormant

…While CBN denies Emefiele’s sack as Governor*** The Nigerian National Petroleum Corporation (NNPC) lost revenue of N228.1bn between April and November 2018, a period of about...

NSE opens February with N29bn loss, as Royal Exchange, Guinea Insurance lead losers’ chart

Economy6 years ago

Presidential election: NSE capitalisation loses N85 bn in six hours

…As CBN injects $210m into FOREX market*** The market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading, to what traders...

Economy6 years ago

We don’t meddle in contractors’ affairs, Chevron tells MWUN

…As CBN injected $39bn to stabilise naira in 2018*** Chevron Nigeria Limited has advised the Maritime Workers Union of Nigeria to direct issues concerning employees of...

Economy6 years ago

Stock investors recoup January losses, gain N806bn

…As Increased deposits at CBN raises currency in circulation to N2.329tn*** Investors in the nation’s stock market have recouped the N326bn losses recorded in January by...

MOODY MOOD: IS THE DIASPORA DOLLAR RE-EXPORTED?!

Economy6 years ago

Nigeria’s foreign reserves fall to two-month low

…As Buhari denies plan to remove INEC Chairman*** The nation’s foreign exchange reserves have fallen to $42.86bn, the lowest level in two months, the latest data...

Economy6 years ago

EFCC arraigns Babachir, accused pleads not guilty to fraud charges

…As CBN unveils new rules for banks on money laundering*** Former Secretary to the Government of the Federation, Babachir Lawal, has pleaded not guilty to the...

Reps urge FG to honour agreement with ASUU

Politics6 years ago

House of Reps probes PENCOM

…As CBN takes delivery of INEC election materials*** The House of Representatives has started investigations into the activities of the National Pension Commission (PENCOM) from April...

Police brutality: Court awards N5m in damages against police

Economy6 years ago

Court convicts ex-Integrated Microfinance Bank MD for $166.9m fraud

…As CBN denies alleged involvement in foreign exchange manipulation*** Justice Mojisola Olatoregun of a Federal High Court, Lagos on Monday convicted a Managing Director of the...