Skye Bank Plc has said it will soon conclude its divestment from the Skye Shelter Fund, its real estate investment trust. The Managing Director/Chief Executive Officer, Skye Bank, Mr. Kehinde Durosinmi-Etti, disclosed this on the sidelines of the Fund’s fourth Annual General Meeting held in Lagos on Wednesday. Durosinmi-Etti said, […]
World News
Nigerian naira hits 1-month high on foreign dlr inflows
Nigeria’s naira currency hit a 1-month high against the U.S dollar on the interbank market on Wednesday, supported by dollar flows from two multinational oil firms and offshore investors in local debt, traders said. The naira closed at 157.45 naira to the dollar on the interbank, compared with the 157.70 […]
Nigerian naira trades flat vs dlr on strong demand
Nigeria’s naira traded flat against the U.S. dollar at both the interbank and foreign exchange markets on Monday, as strong demand for the greenback soaked up liquidity from two oil firms and the central bank’s currency auction. The naira closed at 157.80 to the dollar, around the same level it […]
