February 20, 2017/CBN In continuation of efforts to increase the availability of Foreign Exchange in order to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central Bank of Nigeria (CBN) is providing direct additional funding to banks to meet the needs of Nigerians for Personal […]
Money Market
FCMB Group Names Ladi Balogun to Emerge Group CEO
Ladi Balogun, FCMB Group February 20, 2017/NSE FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City Monument Bank Limited (FCMB Limited). Effective March 20th, 2017, Ladi Balogun, having served as Group Managing Director of the Commercial banking […]
FOREX Utilization: CBN Boosts Manufacturing, Agricultures, Others
Culled—Proshare February 20, 2017/CBN Key Highlights FOREX Utilization: CBN disburses $2.83 billion in two months FOREX Utilization: Critical sectors enjoy allocations The Central Bank of Nigeria (CBN) has disbursed the sum of $2.83 billion for utilization in the critical sectors of the economy between December 2016 and January 2017. In […]
