March 15, 2017/Punch ’Femi Asu with agency report The naira weakened for the second consecutive session on Tuesday after the Central Bank of Nigeria sold the United States dollar at its highest level ever on the official interbank market. Traders said the CBN sold $1.5m at N305.75 per dollar. Commercial […]
Money Market
Nigeria central bank to offer $150 mln in forwards
March 14, 2017/Reuters Nigeria’s central bank said on Tuesday it will sell $150 million in currency forwards on the interbank market through commercial lenders. The central bank, which has been intervening on the official currency market over the past two weeks, told lenders that Tuesday’s sale will be settled within […]
FirstBank Leads Collaborative Efforts for Sustainable Interest in Agriculture
March 13, 2017/First Bank of Nigeria Ltd As part of its commitment to support agriculture businesses across the value chain and to play its enabling role in the nation’s drive for economic diversification through agriculture, First Bank of Nigeria Limited, Nigeria’s Most Valuable Bank Brand, will hold an inaugural agric […]
