Heritage Bank says it has invested over $2bn in the equity and project financing market since its inception. The lender said the amount was arranged through debt facilities as lead, sole financier or financial adviser. According to the lender, the field of engagement has been diversified, covering economic sectors such […]
Money Market
AMCON’ll support banks to raise fresh capital –Chike-Obi
The Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, tells OYETUNJI ABIOYE that the bad debt manager is not in a hurry to sell its shares in banks, among other issues When will AMCON commence the process of selling Keystone Bank, which is the last of the three […]
Nigeria cbank calls Friday meeting with banks on FX rules – banking sources
Thu Jun 18, 2015/Reuters Nigeria’s central bank has called a meeting with chief executives and treasurers of commercial lenders on Friday to discuss issues surrounding its policy on the foreign exchange market, multiple banking sources told Reuters. The central bank imposed tight controls on the foreign exchange market in February […]
