CBN awaits MTN’s action on $8.1b refund order
The Central Bank of Nigeria (CBN) is not worried by MTN’s denial of alleged illegal repatriation of $8,134,312,397.63 it levelled against the mobile giant. An official, who was reacting to…
The Central Bank of Nigeria (CBN) is not worried by MTN’s denial of alleged illegal repatriation of $8,134,312,397.63 it levelled against the mobile giant. An official, who was reacting to…
Equity transactions on the Nigerian Stock Exchange (NSE) ended on a negative note on Friday with the market indices dropping further by 0.68 per cent. The market capitalization shed N87…
A woman walks past a Costa Coffee in Loughborough, Britain Coca-Cola Co has agreed to buy the world’s second largest coffee chain Costa from Britain’s Whitbread Plc for $5.1 billion…
MTN Nigeria yesterday rejected the allegation that it repatriated $8.1 billion illegally. The Central Bank of Nigeria (CBN) asked the company to refund the cash. The telco insisted that all…
MTN Nigeria is to refund $8,134,312, 397.63 it illegally repatriated to the Central Bank of Nigeria (CBN), the apex bank said yesterday. The CBN said it had imposed N5.87 billion…
The National Bureau of Statistics (NBS), said 165.71 million litres of Liquefied Petroleum Gas (LPG) was imported into the country in the second quarter. The NBS disclosed this in its…
Trading activities on the Nigerian Stock Exchange (NSE) sustained a positive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day. According to reports by…
United States (U.S.) crude oil imports from Nigeria in July plunged to its lowest level in three years and are continuing to slip, as Asian and European buyers increase purchases,…
Banks are shutting down Bureau De Change (BDC) accounts over the demand that the operators pay taxes on their transactions turnover. The lenders are writing to BDCs and implementing a…
The Central Bank of Nigeria (CBN) plans to increase the flow of credit to the real sector of the economy to consolidate and sustain the nation’s economic recovery. To this…