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Category Archives: Economy

Godwin Emefiele

Retail SMIS Get $337.16m, CNY 56.17m Injection

In its first intervention in the inter-bank foreign market for the month, the Central Bank of Nigeria (CBN) on Friday, November 2, 2018, injected the sum of $337.16million in the retail Secondary Market Intervention Sales (SMIS) in addition to CNY 56.17million in the spot and

4 Cops To Be Arraigned Over Allegedly Stealing of N1.3bn

  Four police officers and two firms billed to be arraigned today, by the Economic and Financial Crimes Commission (EFCC) before the Lagos State Special Offences Court, Ikeja, for allegedly diverting N1,301,334,108 from the coffers of the Nigeria Police Force. The cops and the firm