Money Market

Emefiele’s CBN: one year after

Wednesday, June 10, 2015 / Development Economics with Temitope Oshikoya* Source: Proshare A year ago on June 5th, 2014, the new Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele outlined his agenda in “Entrenching Macroeconomic Stability and Engendering Economic Development,” focusing on monetary and price stability, financial stability, […]

Unity Bank Names Temisan Tuedor Executive Director

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Unity Bank Plc said on Tuesday it has appointed Temisan Tuedor as an executive director (ED), the lender said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). According to the bank, Tuedor holds a B.Sc. in Business Administration from the […]

Kenya’s central bank raises benchmark lending rate to 10 pct

Tue Jun 9, 2015/Reuters Kenya’s central bank raised its benchmark lending rate by 150 basis points to 10 percent on Tuesday, a slightly higher increment than market expectations of action to support the battered shilling. The increase was the first rate change in two years – when rates were lowered […]