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CBN Injects Fresh $500m Into Forex Market

The Central Bank of Nigeria (CBN) has committed $500 million into the forex market. Hakama Sidi-Ali, Acting Director of the Corporate Communications Department at the CBN, disclosed this in a statement on Monday. Sidi-Ali reiterated the bank’s commitment to “settling…

Dangote Opens Up On Forex Allocations, Says EFCC’s Visit Embarrassing

Dangote Industries Limited has opened up on the last week visit by officials of the Economic and Financial Crimes Commission (EFCC) to its headquarters in Lagos, describing it as embarrassing. While pledging it was ready to assist the Commission in…