By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Central Bank of Nigeria (CBN) announced that Nigeria sold N114.89 billion worth of treasury bills of maturities ranging between three (3) month and one year, with yields slightly higher on 91-day and 364-day paper and flat on the 6-month note. According to the […]
World News
50% CRR: Analysts disagree with CBN
Financial analysts have disagreed with the Central Bank of Nigeria over the imposition of 50 per cent Cash Reserves Requirement on all government deposits with commercial banks. They said the introduction of such additional instrument by the Monetary Policy Committee, which ended a two-day meeting in Abuja on Tuesday, would […]
ETI Opens Shop in Southern Sudan
By InvestAdvocate Lagos (INVESTADVOCATE)-Pan African Bank, Ecobank Transnational Incorporated (“Ecobank†or “The Groupâ€ÂÂ), announces the opening of its South Sudan banking affiliate. The Bank said this in a notice to the Nigerina Stock Exchange (NSE), “this new banking affiliate, the 34th on the African continent, offers the opportunity to support […]
