By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria recorded Foreign Exchange (FOREX) inflow of US$3.34 billion through the Central Bank in the Month of July 2012. This is contained in the Economic Report for the Month of July 2012 by the CBN. Similarly, the country recorded an outflow of US$2.93 billion in […]
Author: InvestAdvocate
Pro-Growth Banking: Why Nigerian Banks must rethink their Business Strategy
By Victor Ogiemwonyi v.ogiemwonyi@partnershipplc.com ” the financial system is more than just institutions that facilitate payments and extend credit. It encompasses all functions that direct real resources to ultimate users…… It is the central nervous system of a market economy”- Sanusi Lamido Sanusi. The above quote from the Governor of […]
Nigeria plans 60 bln naira in 5-7 year bond auctions
Nigeria plans to issue 60 billion naira ($379.75 million) in local bonds, with maturities of between five and seven years at its regular auction on Sept. 19, the Debt Management Office (DMO) said on Thursday. The debt office said it would sell 30 billion naira each in re-openings of existing […]
