By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said the new N100 commemorative note will be officially in circulation with effect from Friday November 19, 2014. A statement from the CBN on Sunday affirmed that Godwin Emefiele, governor of the CBN will officially issue the commemorative N100 […]
Money Market
External reserves fall by 19.5% to $35.8bn
The nation’s external reserves fell to $35.8bn on December 9, down 19.5 per cent from $44.5bn recorded same date last year, figures on the Central Bank of Nigeria’s website on Wednesday showed. The reserves have been dropping very fast in the last few months as the CBN stepped up its […]
ETI Receives $200 Million Loan from Deutsche Bank AG
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Pan African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday it has received aone-year, seniour unsecured loan facility of $200 million from Deutsche Bank AG, the lender said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). Ecobank affirmed that on November 17, 2014, […]
