Money Market

Naira gains, trades at 455/dollar as Buhari returns

March 11, 2017/Punch Stanley Opara with agency report The naira traded at 455 to a dollar amid liquidity boost in the Bureau De Change and parallel market segments of the forex market on Friday. It was steady on both the official and black markets after President Muhammadu Buhari returned home […]

Heritage Bank promotes Nigeria’s rich cultural heritage via BBnaija

March 10, 2017/Heritage Bank Ltd As part of its corporate social responsibility, Heritage Bank Limited, Nigeria’s most innovative banking service provider, is promoting the country’s rich cultural heritage to the global community through the on-going Big Brother Naija. The Bank said in a statement that the feat was executed by […]

CBN Sustains Forex Supply to Date

Culled—Proshare 10/3/2017/CBN As more customers of banks and other business people overcome the earlier difficulties in obtaining forex for their transactions, and in a bid to sustain the tempo of foreign exchange supply to the interbank FOREX market and ensure liquidity, the Central Bank of Nigeria (CBN) today, Thursday, March […]