The newly licensed Heritage Bank Limited has announced the commencement of validation exercise for old account holders of former Societe Generale Bank Limited (SGBN). The core investors in former SGBN had adopted the adopted Heritage Bank as its trading name. According to a statement signed by the Group Head, Corporate […]
World News
MPC meeting: Lending rate may remain untouched
There are indications that the Monetary Policy Committee of the Central Bank of Nigeria may not increase the benchmark lending rate in the next MPC meeting. Analysts, who spoke with our correspondents in separate interviews on Friday, said that most of the variables would be maintained. However, they said the […]
CBN urged to ease monetary policy
Financial analysts have called on the Central Bank of Nigeria to begin a process of monetary policy slackening in order to boost liquidity in the system. The Financial Derivative Company Limited in a report made available to our correspondent on Friday said there was the need to start reducing the […]
