By InvestAdvocate Lagos (InvestAdvocate)-The naira on Tuesday traded 222.50 to one U.S dollar in the black market and gained 1.81 percent when compared to N226.60 it traded on Monday, Proshare daily exchange rate monitor said. Similarly, the Nigeria’s local currency exchanged against the pounds sterling and 320/£1 improving 1.50 percent […]
Money Market
IFC Lends $175 Million to GTBank
By Peter OBIORA Investadvocate Lagos (INVESTADVOCATE)-International Finance Corporation (IFC) has lent $175 million to Guaranty Trust Bank (GTBank) to support its expansion program across all sectors of the Bank’s operations, the member of the World Bank Group said on Tuesday. The IFC said GTBank one of Nigeria’s top tier lenders […]
IMF Partners Central African States on Financial Inclusion
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF) on Monday said it will co-host conference on financial inclusion in Central Africa, it said in a statement made available to InvestAdvocate. The IMF will co-host the conference with the Central Bank of Central African States on March […]
