In Your Interest
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Thursday Nigeria’s foreign exchange reserves dipped by 15.61 percent year-on-year (Y-o-Y) to $29.13 billion by December 29, 2015 from $34.52 billion recorded a year ago, according to Reuters report According to the report, data from the CBN showed on […]
By InvestAdvocate Lagos (INVESTADVOCATE)-Lender Ecobank Nigeria said on Thursday it has commenced agency banking services, enabling its appointed agent partners carry out banking services on its behalf. “Agency banking services is designed to increases the bank’s retail distribution network allowing it provide basic banking services to its customers as well […]
December 14, 2015 Economic and financial experts on Sunday said the naira could fall further this week if the Central Bank of Nigeria failed to do something about the continued depreciation of the currency. The naira crashed further against the United States dollar at the parallel market to 262 on […]