Author: InvestAdvocate

Skye Bank introduces Skye Priority products

By Agency reporter Friday, 29 Oct 2010 Skye Bank Plc has introduced a portfolio of new product offerings under its Priority Banking platform called Skye Priority Banking. The company said in a statement on Thursday that this was in line with its objective of adding value to and delighting its customers […]

Dollar weakens as oil price rises

By Agency reporter Friday, 29 Oct 2010 Oil gained 16 cents to close at $82.10 a barrel on Thursday as the dollar weakened and United States gasoline stockpiles posted a surprise drop. Analysts said that doubts about the size of expected monetary stimulus by the US Federal Reserve might have also […]

CBN sells N63bn T-bills, bonds to control money supply

By Ademola Alawiye Friday, 29 Oct 2010 The Central Bank of Nigeria on Thursday said it sold N63.08bn in treasury bills and bonds as part of measures to control money supply and help lenders manage their liquidity. According to the CBN, at the auction held on Wednesday, the apex bank sold […]