July 26, 2016/Ecobank Nigeria Ltd Ecobank Nigeria Limited has built and handed over a 100 seater Ultra-Modern lecture theatre to the Chukwuemeka Odumegwu Ojukwu University formerly Anambra State University, as part of its corporate social responsibility (CSR) initiatives. The fully furnished theatre at the heart of the Igbariam Campus of […]
Money Market
Naira at 378/dollar as analysts expect MPC action
Culled—-Punch Oyetunji Abioye with agency report The naira fell to 378 against the dollar at the parallel market on Monday, down from 375 on Friday as scarcity of the greenback continued to weigh on the local currency at both the interbank and black markets. The dollar liquidity crisis at the […]
CBN Orders Banks to Sell FOREX to BDCs
By InvestAdvocate New York (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) in its effort to stabilise the naira has authorised agent banks approved for international money transfer operators to sell foreign currency accruing from inward money remittances to licenced Bureau De Change operators. This is contained in a circular with reference […]
