TOP DAILY NEWS HEADLINES: 11TH JUNE 2021

CBN may launch digital currency end of 2021 Official
  • CBN may launch digital currency end of 2021 Official

The Central Bank of Nigeria on Thursday said that its digital currency might be launched by the end of 2021. This was disclosed by an Information Technology Specialist at CBN, Rakiyat Mohammed, during a news briefing at the end of the Bankers Committee meeting held in Lagos. To read more, click HERE

  • Buhari inaugurates Deep Blue project

The President, Major General Muhammadu Buhari (retd.), has said that the Federal Government secured 10 convictions for various maritime offences since the Suppression of Piracy and other Maritime Offences Act was signed into law in June 2019. He said this in Lagos on Thursday at the inauguration of the Integrated National Security and Waterways Protection. To read more, click HERE

  • FG to introduce updated trade policy Adebayo

The Minister of Trade, Industry and Investments, Niyi Adebayo, on Thursday said the ministry is working to produce an updated trade policy that will reflect the current situation of the world. Adebayo disclosed this in Abuja during a press conference on the Nigerian at 60 celebration. To read more, click HERE

  • NEPC enumerates gains of Export Expansion Facility Programme

The Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr Olusegun Awolowo, has explained how the Export Expansion Facility. The post NEPC enumerates gains of Export Expansion Facility Programme appeared first on Vanguard News. To read more, click HERE

  • Operators assure on resilience of Nigerian capital market

The Association of Securities Dealing Houses of Nigeria (ASHON) has assured that the Nigerian capital market has the capacity to survive insecurity and macroeconomic challenges militating against investment opportunities.ASHON also proposed some measures by which the government can revive the securities market through enhancement of stockbrokers liquidity and implementation of some policies to boost investment in the market. To read more, click HERE

  • FG Seeks to Harness $6bn Global Coconut Market

The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, has said the federal government is committed to supporting current efforts aimed at harnessing the immense potentials of the coconut commodity whose global market worth is estimated at over $6 billion. To read more, click HERE

  • FG Highlights Benefits of Economic Zones at Airports

The Ministry of Aviation has explained that the designation of four international airports in Nigeria as special economic zones will help harness the socio-economic benefits derivable from civil aviation, generate revenues for government as well as create avenues to mobilise local and foreign direct investment for overall growth of the economy. To read more, click HERE

  • Positive sentiments persist on NGX as capitalisation rises by N20 billion

The bullish sentiments persisted, yesterday, as the Nigerian Exchange Limited (NGX) market extended gains to three consecutive sessions, causing market capitalisation to rise further by 0.10 per cent.The post Positive sentiments persist on NGX as capitalisation rises by N20 billion appeared first on The Guardian Nigeria News. To read more, click HERE

  • Forex trades double as CBN restores transparency in forex market

Central Bank of Nigeria (CBN) in collaboration with FMDQ, forex dealers recently activated On-system trading and also adopted a single market-driven rate. In this report AMAKA IFEAKANDU writes on the impact of the implementation in the market. Central Bank of Nigeria in its commitment towards development of the foreign exchange (Forex) market and Nigerian financial system, has recently entered. The post Forex trades double as CBN restores transparency in forex market/ To read more, click HERE