October 1, 2018/Heritage Bank Ltd Managing Director and Chief Executive Officer of Heritage Bank Plc, Ifie Sekibo has encouraged the budding African entrepreneurs of the Next Titan Housemates to talk to small and medium enterprise (SME) desks of banks because the Central Bank of Nigeria (CBN) has a policy for […]
Money Market
Foreign exchange inflow dropped by $3.73bn in one month
September 30, 2018/Punch Ifeanyi Onuba The Nigerian economy recorded a total foreign exchange inflow of $6bn in the month of July this year, figures obtained from the Central Bank of Nigeria have shown. The inflow of $6bn when compared with the $9.73bn recorded in June this year represents a decline […]
CBN Issues Exposure Draft On Regulatory Capital For Non-Interest Financial Institutions In Nigeria
Culled—Proshare September 28, 2018/CBN The Central Bank of Nigeria (CBN) hereby releases, as an exposure draft for comments, the attached Guidance Notes (GNs), Capital Adequacy Calculation Template and other guidelines on the implementation of standards Nos. […]
