CBN

By Elizabet In a bid to promote local manufacturing, the  Central Bank of Nigeria (CBN) has placed restrictions on the sale of foreign exchange to importers of textiles and other clothing materials. The CBN Governor, Godwin Emefiele,…

Aside the sum of $1.05b earlier discovered to have been withdrawn from the dividend accounts of the Nigeria Liquefied Natural Gas, NLNG, the Senate yesterday said that it has uncovered alleged fresh multiple withdrawals from the same…

The Federal Executive Council of Nigeria (FEC) has approved a power guarantee assurance valued at N701 billion ($2.2billion) to electricity generating companies (GenCos) to help solve liquidity challenges faced by the energy sector. This is…