The Chairman, National Association of Microfinance Banks, Kwara State Chapter, Mr. Joseph Adeyemi, has said the Central Bank of Nigeria and the Nigeria Deposit Insurance Corporation of allegedly frustrating the operations and growth of microfinance banks in the country. He claimed the regulatory agencies often wrote ‘unfriendly reports’ against its […]
Money Market
Nigeria Plans to Raise N1.22 Trillion in Treasury Bills in Q1 2015
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Friday it plans to raise about N1.22 trillion ($6.61 billion) in treasury bills in the first quarter (Q1) of 2015. According to the CBN in an issuance calendar, it plans to issue N230.88 billion naira worth of […]
Nigerian central bank intervenes to prop up sliding naira
Thu Dec 18, 2014/Reuters * Naira hits another low after failed c.bank dollar curbs * Direct intervention triggers small recovery * Currency down more than 12 pct in last three months (Releads with central bank intervention) Nigeria’s central bank intervened again to prop up the naira on Thursday after its […]
