Culled—Proshare April 10, 2017/CBN In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria (CBN) on Friday 7th April 2017 auctioned the sum of US$418 million at the retail-SMIS at a marginal rate of N310/$ (The airlines, agriculture, petroleum and […]
Money Market
Heritage Bank partners Workforce group to promote impactful leadership
April 10, 2017/Heritage Bank Ltd Heritage Bank Plc, Nigeria’s most innovative banking service provider, has partnered Workforce group in a bid to enhance impactful leadership that will contribute to the financial performance of an organisation. Speaking at a Learning & Development Leaders Conference organised by Workforce group in Lagos, yesterday, […]
Naira slides to 405/$ amid tight dollar supply
April 8, 2017/Punch Oyetunji Abioye The naira slid to 405 against the United States dollar on the parallel market on Friday amid tight supply of the greenback. This was despite a series of currency forwards sold by the Central Bank of Nigeria this week aimed at clearing demand for the […]
