Culled—Proshare September 20, 2017/FDC Exchange Rate The Naira depreciated to N370/$ mid-August in the parallel market as robust demand from users such as hajj pilgrimage and school fees weighed on the naira. The exchange rate however strengthened to N365/$ as at August 31st, the same level it closed at in […]
Money Market
FirstBank’s Customer Wins Grand Prize in Western Union Mega Promo
September 20, 2017/FirstBank Nigeria First Bank of Nigeria Limited has announced that its customer has won the grand prize of the just concluded Western Union Mega Promo which took place from July 24 – August 31, 2017. The customer Gabriel Osikoya was presented with one of the brand new Hyundai […]
Insider abuse: CBN probing bank directors, says Emefiele
September 20, 2017/Punch Oyetunji Abioye The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Tuesday said the regulator was currently looking at some cases of insider abuse by members of the board of directors of commercial banks and other financial institutions in the country. As a result, […]
