The naira dropped further to 313.5 against the United States dollar at the parallel market on Tuesday as shortage of foreign exchange, especially the greenback, persists in the forex markets. The local currency had traded for 310 to a dollar on Monday. On Tuesday, the naira closed at 199.40 to […]
Money Market
CBN Unveils Guidelines for States to Operate TSA
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Tuesday released guidelines on the operation of the Treasury Single Account (TSA) by States. This is coming on the heels of State Governments trying to implementing both capital and recurrent expenditures, especially payment of monthly salaries to employees and other […]
FirstBank supports SMEs with bouquet of offerings
February 8, 2016/FirstBank Consistent with its continued support for the sustainable development of the Small and Medium Enterprises (SMEs) sectors of the Nigerian Economy, First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable bank brand, has unveiled its new proposition to its customers with […]
