By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The global lender, the International Monetary Fund (IMF) on Wednesday released data on currency composition of official foreign exchange reserves. The Fund in a statement said in response to queries on today’s release of COFER Survey, the line below is attributable to IMF spokesman Gerry […]
Money Market
We Now Have over 1 Million Customers-Heritage Bank CEO
Lagos (INVESTADVOCATE)-In his usual manner Peter OBIORA Online Editor at www.investadvocateng.com on Tuesday September 22, 2015 captured a Question and Answer Session with the Board and management of Heritage Bank Limited at a media parley with Financial Journalists. Below are excerpts of the Q & A session Your thoughts on […]
Nigeria sells T-bills for 53 bln naira as currency weakens
Tuesday September 29, 2015/Reuters Nigeria’s central bank sold 53.08 billion naira ($266.6 million)worth of treasury bills on Tuesday in a bid to mop up excess liquidity, dealers said, as the currency weakened on stronger demand from importers. The bank issued the 275-day open market operations (OMO) bills at 13.50 percent, […]
