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Ifeanyi Onuba, Abuja the Central Bank of Nigeria on Tuesday wielded the big stick on 16 Deposit Money Banks as it stopped them from participating in the Small and Medium-scale Enterprises window of the foreign exchange market. The apex bank said this in a statement issued by its Acting Director, ...

John Ameh, Abuja Members of the House of Representatives on Tuesday assured Nigerian workers of their support for a “living wage” to be paid to them by employers in all sectors of the economy. They also backed a raise in the National Minimum Wage to increase the purchasing power of ...

The Central Bank of Nigeria (CBN) yesterday sanctioned 12 banks for manipulating its foreign exchange forex policies. It barred the banks from accessing forex from the newly instituted SMEs Forex Window. The affected banks refused to sell forex to genuine SMEs that met disbursement requirements. Confirming the development, CBN Spokesman, ...

Osun State Governor Rauf Aregbesola yesterday signed an executive order setting up a coroner’s inquest into the death of Senator Isiaka Adeleke under the Coroner Law, Cap. 32, Vol. I, Law of Osun, 2002. The governor also appointed Mr Olusegun Ayodele, a Magistrate, as the head of the inquest. He ...

The Federal Government has announced a tripartite partnership involving the Federal Ministry of Information and Culture, UN World Tourism Organisation (UNWTO), and global news leader, CNN to promote tourism in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed, announced the plan at the Annual General Meeting of the ...

The House of Representatives yesterday declared its support for the immediate review of the National Minimum Wage to reflect current realities of the country’s economy. This is as it commended the organised labor, and representatives of workers who have continued to put in their best in order for Nigeria to ...

Trump Says Actively Considering Breaking Up Big Banks US President Donald Trump said he was actively considering breaking up big banks, Bloomberg Television reported on Monday. Trump’s comments could give a push to efforts to revive the Depression-era Glass-Steagall law that separated commercial lending from investment banking. Reviving such a ...

All is set as the Nigerian Shippers Council (NSC) is set to host stakeholders in an all inclusive, exhibition tagged second NIMPORT 2017 in August, in Lagos. The exhibition has special emphasis on ease of doing business, transparency and best global practices at Seaports. NIMPORT Conference and Expo is a ...

. . . Zenith, Fidelity, Jaiz, 5 other banks exemp . . . Injects $196.2 m into forex marketted Following persistent complaints that some banks are frustrating efforts of many small and medium enterprises (SMEs) to access foreign exchange from the new window created by the Central Bank of Nigeria ...

Em 2016, foram transacionados 513 imóveis no Centro Histórico do Porto, num total de 154 milhões de euros, um volume que apresenta um crescimento de 64% face ao investimento registado no ano anterior.