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 […]
Money Market
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 […]
Banks to publish serial debtors’ names August 1
The Central Bank of Nigeria on Thursday directed all Deposit Money Banks operating in the country to commence the publication of the names of chronic debtors from August 1. The Director, Banking Supervision Department, CBN, Mrs. Tokunbo Martins, stated this while briefing journalists shortly after the 322nd Bankers’ Committee meeting, […]
