Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the Managing Director (MD) of the International Monetary Fund (IMF) Wednesday advised Emerging Markets and Developing Countries to improve their Banking Regulation and Supervision. Lagarde gave this advice in her speech “The Global Policy Actions Needed to Stay Ahead of the Crisis†at the […]
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Heritage Bank Opens First Set Of Branches
Heritage Bank, the newest player in the Nigerian banking sector, has opened its first two branches in Marina, Lagos and Dugbe in Ibadan, the Oyo State Capital. While the Marina branch went on stream mid-March, the Ibadan office opened for business in the first week of April. Describing the development […]
Forex market: CBN sold $3.89bn in Q1
The Central Bank of Nigeria sold a total of $3.89bn at the Wholesale Dutch Auction System in the first quarter of this year. Calculations by our correspondent showed that the apex bank also offered a total of $4.04bn within the period at the bi-weekly foreign exchange auction. The breakdown of […]
