In line with its tight monetary policy regime, the Central Bank Nigeria (CBN) at the weekend withdrew a total of N127.97 billion naira from the system, through sale of treasury bills (T-bills). The CBN sold N32.488 billion of 91-day T-bills at a yield of 11.95 percent. The central bank also […]
World News
‘Poor documentation responsible for failed banks in Nigeria’
The National Judicial Institute has blamed the bitter experiences of failed banks on poor documentation by bank officials. Chief Justice of Nigeria and Chairman Board of Governors, NJI, Hon. Justice Aloma Mariam Mukhtar, disclose this on Wednesday at the 2012 National Seminar on Banking and Allied Matters for Judges organised […]
PwC to partner companies on power sector privatisation
Pricewaterhouse Coopers, a multinational professional services firm headquartered in London,has expressed its readiness to partner companies on the power sector privatisation. A report obtained by the organisation on Thursday said the entire process was full of challenges, adding that a firm political will and complete active support by the government […]
