June 27, 2017/Ecobank Nigeria Ecobank Nigeria has called on the operators of Small and Medium Enterprises (SMEs) in the country to approach the Bank for their foreign exchange (forex) needs for importation. This is line with Central Bank of Nigeria (CBN)’s recent directive to banks support the SMEs with forex […]
Money Market
AIB Privatisation Reflects Irish Banking Sector Recovery
Culled—Proshare June 27, 2017/Fitch Ratings The first stage of Allied Irish Banks’ (AIB) return to private ownership is a notable further step in the long recovery of Ireland’s banking sector, Fitch Ratings says. The privatisation was able to get underway thanks to AIB’s improving credit fundamentals, helped by falling unemployment, […]
Forex: CBN Boosts Supply with $240m to Retail SMIS
Culled—-Proshare Saturday, June 23, 2017 1:10 PM /CBN In the last trading day of the week and ahead of June 26 and 27, 2017 holiday declared by the Federal Government to commemorate the Eid-el-Fitr, the Central Bank of Nigeria (CBN) on Friday, June 23, 2017, allocated the total sum of […]
