Money Market

CBN raises N150.6bn from treasury bills

The Central Bank of Nigeria has raised the sum of N150.60bn ($756.78m) from treasury bills, with mixed yields compared with the previous sale last month. Reuters reported the central bank as saying on Thursday that the yield on the three-month bill was stable at 10.09 per cent, the same as […]

Standard Chartered promotes N10bn commercial paper issuance

Standard Chartered Bank Nigeria and Standard Chartered Securities Nigeria have acted as paying agent and joint lead arranger respectively for the N10bn domestic commercial paper issuance programme for Guinness Nigeria Plc. The formal signing of the deal was conducted in Lagos recently. A statement by the lender said officials of […]

Access Bank Partners Audrey Pack to Empower Mothers

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender said on Wednesday its W Initiative is partnering with Business Direct and Services on the Audrey Pack project in Nigeria to empower expectant and nursing mothers, a statement from the bank affirmed. The bank says the project is focused on the […]