Money Market

FG Approves $1000/N160 for Christian Pilgrims

October 8, 2015/Proshare 1.       The Federal Government has approved the purchase a maximum of US$1,000.00 at a concessionary exchange rate of N160.00 to the US dollar by each intending pilgrim or PTA.  Consequently, each pilgrim travelling to Israel is entitled to maximum of $750.00, while those going to Israel/Rome or Greece are […]

Access Bank wins Global Alliance for Women Award

October 5, 2015/Access Bank Plc Recognised for its innovative approach to banking women across the shores of the country, Access Bank Plc has received the Global Banking Alliance for Women Market Champion 2015 Award. The Bank has also restated that its W Awards, which is the first of its kind […]

CBN Says Slashed CRR Injects N300 Billion into Banking System

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has said the cut cash reserve ratio (CRR) to 25 percent from 31 percent had injected N300 billion into the financial system, Moses Tule, monetary policy director at the apex said according to a Reuters report. In the same […]