Central Bank of Nigeria
Farmers commence wet season farming, seek govt’s support
Although there has been abnormal rainfall pattern since the beginning of the year, farmers in many parts of the country geared up to taking advantage of the little first rainfall to commence farming activities.
Naira is undervalued, says ex Minister
A former Minster of Finance, Dr. Anthony Ani has decried the current call for devaluation of the naira, saying the currency is even undervalued.
2016 budget: Experts say sourcing of deficit locally will rebound bond market
Some financial experts on Monday expressed optimism that the sourcing of the N2.2 trillion deficit in the 2016 budget locally, would rebound the bond segment of the capital market.
Fuel scarcity triggers price disparity across major cities
There were indications during the week at across that some major fuel marketers may have struck deals with foreign partners to bring in fuel into the country without recourse ...
Firm sues bank over alleged negligent misstatement
A firm, Omais Investiment Nigeria Limited has sued Ecobank Nigeria Limited before the Federal High Court, Lagos for ‘frustrating its business’ through negligent misstatement. The claimant said the bank listed its name in the ‘non performing loan’ system in order to frustrate its ability to raise funds for it business in any Nigerian Bank. Listed as second defendant in the suit is the Central Bank of Nigeria.