Banking Business Economy

CBN reviews e-payments regulation for public, private sectors

Ihesiulo Grace 11 September 2019 0

…Lifts forex market with $210m FX injection Motolani Oseni The Central Bank of Nigeria (CBN) on Tuesday released regulation for electronic payments and collections for public and private sectors in the country. This is just as the apex bank boosted the interbank segment of the Foreign

Business News

Sanwo-Olu promises to invest in infrastructural facilities

Ihesiulo Grace 3 September 2019 0

Joy Obakeye The Lagos State Government has announced plans to invest massively on critical infrastructural facilities to make Small and Medium Enterprises (SMEs) in the State and indeed the country at large competitive at the global market. The Governor, Lagos State, Babajide Sanwo-Olu at the Nigerian Association of Small and Medium Enterprises (NASME) 3rd edition […]

Banking Business

We’re committed to national development, economic growth -FirstBank

Ihesiulo Grace 2 August 2019 0

Temitope Adebayo Deputy Managing Director, First Bank of Nigeria, Mr. Gbenga Shobo, on Thursday, said the bank is committed to national development in terms of the employment opportunities, through its continued support for the Small and Medium Enterprises (SMEs). Shobo, who disclosed this on Thursday in Lagos, said to demonstrate this commitment, the bank would […]

Business Capital Market

CBN lifts Forex market with fresh $210m injection

Ihesiulo Grace 17 July 2019 0

Motolani Oseni The Central Bank of Nigeria (CBN) on Tuesday lifted the interbank segment of the Foreign Exchange (Forex) market with a fresh injection of $210 million. The apex Bank yesterday explained that the authorised dealers in the wholesale segment of the market received about $100 million, while the Small and Medium Enterprises (SMEs) window […]

Business

CBN strengthens foreign exchange market with $210m forex injection

Ihesiulo Grace 10 April 2019

Mathew Dadiya The Central Bank of Nigeria (CBN) has in continuation of its weekly intervention, injected $210 million into the Inter-bank Foreign Exchange Market in the sustenance of liquidity in that segment of the market. Figures obtained from the CBN on Tuesday indicated that authorized dealers in the wholesale segment of the market were offered […]