December 13, 2016/First Bank of Nigeria Ltd In September 2015, First Bank of Nigeria Limited launched FirstStars – a premier filmmaking competitive reality TV show where Nigerian youths were given the opportunity to project their creative skills in directing, producing, art directing, script writing and acting – in partnership with […]
Money Market
NDIC, CBN consider another bad bank to acquire banks’ NPLs
December 12, 2016/Vanguard By Babajide Komolafe Nigeria Deposit Insurance Corporation (NDIC and the Central Bank of Nigeria (CBN) have set up a joint committee to explore the establishment of another Asset Management Company (AMCON2) to acquire non- performing loans (NPLs) of banks. Managing Director/Chief Executive, NDIC, Alhaji Umaru Ibrahim disclosed […]
Naira and Dollar Sustain Stable Outlook Amid Speculation
Culled—Proshare 9/12/2016/The Analyst Today, Naira maintained stable outlook in both markets to close flat against the Dollar. It closed at N305.00 and N399.00 at Interbank and Parallel Market respectively. According to analysis, Naira held ground against the Dollar in both markets to close flat at the end of week. Further […]
