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 […]
World News
CBN to sell N826.31bn in T-bills in Q1
The Central Bank of Nigeria plans to raise about N826.31bn ($5.26bn) worth in treasury bills, ranging between three months and one year in the first quarter of the year. The CBN, in a statement on Friday, said it plans to auction N331.29bn naira in 91-day, 182-day and 364-day paper in […]
Spanish banks’ bad loan ratio at record 11.38 pct
Spanish banks’ bad loan ratio at record 11.38 pct in November, totaling $256.17 billion Spain’s central bank says the level of bad debt in the country’s banks rose to a new record 11.38 percent in November, up from 11.23 percent in October. In data released Friday, the bank said non-performing […]
