tagresults


IFC Invests $73.5m in Indorama Port to Boost Nigeria’s FX Inflows
13-07-2016 | 10:37:00
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $73.5million loan facility to OIS Indorama Port Limited, to support the development of a multi-purpose port terminal at Onne in Port Harcourt.
Zenith Maintains Lead in Forex Allocation from CBN
29-03-2016 | 11:56:00
For the second week in a row, Zenith Bank Plc has maintained its lead with the highest allocation of foreign exchange from the Central Bank of Nigeria (CBN), the returns on utilisation of forex published by banks last week have shown.
Zenith Bank Takes Lead in Forex Allocation from CBN
29-02-2016 | 11:29:00
Bank returns on the utilization of foreign exchange bought by commercial banks from the Central Bank of Nigeria (CBN) last week have shown that Zenith Bank Plc with $23,006,130.65 reported the highest amount of forex purchased for its customers.
Central Bank of Nigeria: School Fees and Medicals remain eligible for FOREX Allocation
22-02-2016 | 13:37:00
The Central Bank of Nigeria (CBN) wishes to clarify to the general public that it has NOT stopped the allocation and sale of Foreign Exchange for purposes of paying school fees and settlement of medical bills overseas.
FirstBank and Zenith Bank Lead Commercial Banks in Forex Allocation from CBN
18-02-2016 | 11:36:00
First Bank of Nigeria Limited is leading 14 other commercial banks in the utilization of foreign exchange from the Central Bank of Nigeria, CBN.
IMF Urges CBN to Review Forex Policy
12-10-2015 | 12:36:00
As the foreign exchange market records further widening of the parallel market margin, the Director, African Department of International Monetary Fund, IMF, Ms Antoinette Sayer, has said that measures put in place by the Central Bank of Nigeria, CBN, to restrict access to foreign exchange, forex, needed to be reviewed.
Naira sustains stability at interbank as MPC takes decision today
22-09-2015 | 11:03:00
Naira on Monday sustained stability against the dollar, closing at N199.05k/$ at the interbank foreign exchange as dealers and analysts await the decision of the Monetary Policy Committee (MPC) today.
CBN Directs Banks to Prioritise Forex Demand
11-08-2015 | 11:50:00
The Central Bank of Nigeria (CBN) has directed all authorised dealers in foreign exchange in Nigeria to henceforth treat, as top priority, all legitimate demand for foreign exchange for eligible transactions.