Money Market

Banks scramble for fresh capital as naira weakens further

6/2/2017/Punch Rising non-performing loans and imminent fall in naira value have put banks in a precarious position and needing to raise fresh capital in a distressed economy, OYETUNJI ABIOYE writes Palpable fear has gripped the chief executives of many large-tier and mid-tier Deposit Money Banks as an imminent fall in […]

Spray The Naira And Risk Jail Term – Police, CBN Warns

Culled—The Will By David Oputah – February 3, 2017 The Nigeria Police Force and the Central Bank of Nigeria have disclosed that they would embark on a nationwide arrest of whoever defaces the Naira saying it has observed that there is an increase in the rate of abuse of the […]

How A Set Of Tweets Underscored Governance Issues At Nigeria’s Central Bank #WhyEmefieleMustStay

Culled—Proshare Saturday, February 04, 2017 1.23PM / Opinion by Olufemi Awoyemi The governance status of the CBN was laid bare late yesterday night when a series of tweets from the official handle of @cenbank was used to promote a personal agenda #WhyEmefieleMustStay. This was not the first time that I […]