April 20, 2017/First Bank of Nigeria Ltd In today’s world of technology and speed, convenience is the name of the game and this is so true for the 21st century financial institutions, as they are constantly challenged to provide customers with convenience, relevance, and ease of transactions. As financial institutions […]
Money Market
Ecobank Group Sustains Resilience in 2016, Makes Full Loans Provision, Assures Shareholders of Robust Future Earnings
April 19, 2017/ETI Ecobank Transnational Incorporate (ETI) has taken a decision to completely clean its books of non-performing risk assets in its legacy loan portfolio, and has made a provision of N221.7 billion in its 2016 audited accounts. The impairment charges, showed a jump of 110.7 per cent compared with […]
CBN sustains liquidity in forex market; disburses $280 million to SMEs, BDCs, invisibles
Culled—Proshare April 18, 2017/CBN The Central Bank of Nigeria (CBN) on Tuesday, April 18, 2017, underscored its determination to sustain liquidity in the foreign exchange market with the injection of $280 million into various sectors of the market and the commencement of its weekly $20,000 sale to licensed Bureaux de […]
