By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Friday Nurudeen Fagbenro has retired as executive director of the bank effective June 2015. According to the bank in an issuer’s announcement with the Nigerian Stock Exchange (NSE), Fagbenro has been on the board of the Bank since September […]
Money Market
UPDATE 1-Nigeria’s central bank tweaks naira peg again
Thu Jun 11, 2015/Reuters Nigeria’s central bank adjusted its exchange rate peg on Thursday to 196.90 naira against the dollar from the 196.95 set last week, data on the bank’s website showed. ADVERTISING ADVERTISING Dealers said the central bank had sold dollars to the interbank market at the […]
NDIC submits 2014 audited financial statement to FRC
The Nigeria Deposit Insurance Corporation says it has submitted its 2014 audited financial statement to the Financial Reporting Council of Nigeria. The Head, Inspection and Monitoring, FRC, Mr. Titus Osakwe who received the report on behalf of the Executive Secretary, Mr. Jim Obazee, commended the corporation for action, a statement […]
