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Nigeria’s Export Commodity Price Index Up 11% In Six Months
Posted on Author Omotola Collins
The National Bureau of Statistics (NBS) on Wednesday reported that Nigeria’s all commodity export price index between January and June this year rose by 11 percent. The Bureau in its latest Commodity Price Indices and Terms of Trade Q2, 2018 linked the growth in export commodity price index to improved exports of mineral products, wood […]
CBN Supplies $210Mn Into Inter-Bank Forex Market
Posted on Author Omotola Collins
In furtherance of its sustained efforts to ensure adequate liquidity in the foreign exchange (Forex) market, the Central Bank of Nigeria (CBN) on Tuesday provided $210 million for users in the Inter-bank segment of the nation’s Forex market. Available information on the apex bank’s intervention in the segment of the market showed that authorized […]
Again, Brokers Threaten To Sue NAICOM Over SIP Policy
Posted on Author Omotola Collins
Barely one month after it released the proposed State Insurance Producer, SIP policy, the National Insurance Commission of Nigeria (NAICOM), is facing another hurdle in its planned implementation of the policy as insurance brokers have threatened to challenge the policy in court. This is coming barely three months after some industry operators also approached the […]