Boeing, Nigerian firm sign $20bn aviation investment pact
The aircraft manufacturer, Boeing Company of the United States and Springfountain, one of Nigeria’s leading aviation infrastructure firms, have signed a strategic agreement that...
Discussion with the banks is on going – Etisalat
Etisalat Nigeria has said that it is still in discussions with its lenders regarding existing obligations under the syndicated loan agreement signed in 2013.
The...
NBC spends $26m on set-top boxes over Digital switchover
The National Broadcasting Commission (NBC) has spent $26m to procure 620,000 set-top boxes for homes as part of the digital switchover of the Nigerian...
Naira closes at 367/$ as CBN introduces new rules
Barely one week after the Naira closed below 370/dollar on the parallel market the Central Bank of Nigeria on Monday introduced new rules into...
Forex: 3,239 BDCs access $520m in four weeks
The 3,239 bureaux de change (BDCs) approved by the Central Bank of Nigeria (CBN) got $520 million from the apex bank dollar interventions in...
