March 05, 2015/The Will Late February, the Central Bank of Nigeria CBN closed two public auction structures popularly known as Retail Dutch Auction System rDAS and Wholesale Dutch Auction System wDAS. In a statement signed by its Director, Corporate Communications Department, Mr. Ibrahim Muazu, it listed some unprincipled market behavior […]
Money Market
CBN Offers 9% Interest Rate Per Annum on N300 Billion Real Sector Support Facility
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Wednesday it’s offering nine (9) percent interest rate per annum on the newly established N300 billion Real Sector Support Facility (RSSF), according to guidelines released. The CBN said the nine (9) percent per annum is payable on […]
Access Bank Offers 35% Discount to Visa Cardholders on Purchase of British Airways Tickets
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc on Wednesday said it will offer a 35 percent discount to its Visa cardholders on the purchase of British Airways tickets using their cards. The lender said the incentive only covers flight tickets to any route flown by British Airways from either […]
