FOREX: Clamour for improved disbursement  of $21bn remittances

FOREX: Clamour for improved disbursement of $21bn remittances

In an apparent bid to enhance supply of foreign exchange to the bureau de change BDC segment of the of the foreign exchange market, the Central Bank of Nigeria (CBN) last month directed that banks should sell $50,000 from proceeds of international money transfers ( IMT) to the 3000 BDCs in the country.
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Honey production to generate N36bn

Honey production to generate N36bn

ABUJA- AS the Federal Government explores various agribusinesses to diversify the economy, an apiculturist, David Musa, disclosed that honey production can create 10, 000 jobs in three years.

Niger-Delta: US, Nigeria Seek Peaceful Resolution

Niger-Delta: US, Nigeria Seek Peaceful Resolution

The governments of United States of America and Nigeria at the weekend exchanged views on the ongoing efforts to engage in dialogue with Niger Delta militants and seek an immediate and peaceful resolution to the conflict.