May 31, 2018 By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday directed all Deposit Money Banks (DMBs) with effect from Friday June 1, 2018 to pledge collateral of N1.0 billion worth of Government/CBN Securities for Over-the-Counter (OTC) Trade Settlement in its effort to enhance efficiency […]
Money Market
FirstBank Says CEO Joins Global Influencers, Experts at FT Nigeria Summit, Cambridge Business in Africa 2018 Conference
May 31, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s foremost lender, First Bank of Nigeria Limited on Thursday announced that Adesola Adeduntan, its managing director/CEO joins global influencers and experts at the 2018 Financial Times Nigeria Summit and Cambridge Business in Africa Conference. The lender says in furtherance of its thought leadership […]
CBN Sustains FOREX Market Intervention
Culled—Proshare May 31, 2018 The Central Bank of Nigeria (CBN), on Wednesday, May 30, 2018, again sustained its supply in the inter-bank Foreign Exchange market with the sum of $210 million. The Bank offered the sum of $100 million to authorized dealers in the wholesale segment of the market while interests […]
