By Stanley Opara Monday, 31 Jan 2011 There are fresh worries that the three-month deadline given by the Central Bank of Nigeria to microfinance banks in Nigeria that were granted provisional licences last year, may meet some MFBs unprepared. This, according to industry sources, may result in the revocation of […]
Author: InvestAdvocate
Anxiety heightens over CBN’s Q1 assessment for MFBs
By Stanley Opara Monday, 31 Jan 2011 There are fresh worries that the three-month deadline given by the Central Bank of Nigeria to microfinance banks in Nigeria that were granted provisional licences last year, may meet some MFBs unprepared. This, according to industry sources, may result in the revocation of […]
Inter-bank rates rise as liquidity falls
By Ademola Alawiye with agency report  Monday, 31 Jan 2011 Following the increase of the Monetary Policy Rate by the Monetary Policy Committee of the Central Bank of Nigeria, inter-bank lending rates rose as liquidity dropped in the market. The inter-bank rates rose to an average of five per […]
