By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has said that Money Laundering offenders will risk not less than two (2) years jail term or forfeiture of cash. This is contained in a circular with reference number FPR/DIR/CIR/GEN/03/004 dated June 26 2013 and signed by Y.B Duniya, […]
Author: InvestAdvocate
Nigeria’s $1bn Eurobond offer’ll be oversubscribed –Analyst
An industry analyst and General Manager, Treasury Services, Consolidated Discount House Limited, Mr. Bolanle Okunubi, has projected that the Federal Government’s $1bn Eurobond offer expected to be issued before the end of this year to fund power projects will be well subscribed, like its previous offers. Okunubi, who spoke to […]
CBN reviews Bureaux de Change licence revocation
The Central Bank of Nigeria is reviewing some of the revoked licences of 236 Bureaux de Change operators with a view to ensuring that all complaints by affected companies are properly addressed. The CBN had in January this year revoked licences of 236 BDCs. But the Director, Other Financial Institutions […]
