Elumelu, African leaders commend AFC on World Class Governance Standards

Chairman, United Bank for Africa Plc, Tony O. Elumelu, has hailed the African Finance Corporation on its various initiatives and contributions targeted towards supporting African economies in the last few years noting that these initiatives have gone a long way in fostering growth and diversity on the continent. Elumelu, who gave this commendation during the […]

May 19, 2017

CBN releases list of items valid for Forex

The Central Bank of Nigeria (CBN) on Wednesday published a list of items, for which importers can source foreign exchange (Forex) from the market. CBN sent the list which has 36 categories, to all authorised dealers, Nigeria Customs and the public. It is endorsed by Director, Trade and Exchange, W.D Gotring. Gorting explained that the […]

May 19, 2017

House probes utilisation of Niger Delta funds

Nigeria’s House of Representatives has urged the government to ensure proper funding of the Niger Delta Development Commission, NDDC. This followed the unanimous adoption of a motion on the need to investigate statutory funding of the NDDC. Leading debate on the motion, Mr. Kingsley Chinda from Delta State expressed serious concern over the funding and […]