April 11, 2017/UBA Plc The United Bank for Africa Plc (UBA) once again demonstrated its commitment to excellence in customer service, by celebrating staff who have strived to implement the Bank’s core values of Enterprise, Excellence and Execution. At the event held at the Eko Hotel Expo Centre, Lagos, Nigeria, […]
Money Market
Forex: CBN opens special window for SMEs
Culled—Proshare April 11, 2017/CBN …begins massive sale with $141m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible finished and semi-finished items not exceeding $20,000 for an enterprise per quarter. Isaac […]
CBN to sustain intervention in FOREX market
April 11, 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 raw […]
