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 […]
Money Market
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 […]
Nigeria raises 144 bln naira in Treasury bills; yields mixed
Thu Jun 18, 2015/Reuters Nigeria raised 143.64 billion naira ($723 million) in Treasury bills with mixed yields, the central bank said on Thursday. Total bids for the notes stood at 275.30 billion, up from 253.82 billion naira at the last auction on June 3, it said. The bank said it […]
