Money Market

Naira loses 85% of value in two years – CBN

28/11/2016/Punch Oyetunji Abioye The Central Bank of Nigeria says the naira has lost about 85 per cent of its value in the last two years and there is a need for risks managers in banks to be on top of their job because of the risks facing the banking sector. […]

Heritage Bank Unveils ‘Happy Days’ Promo, Millionaires to Emerge

November 28, 2016/Heritage Bank Plc Heritage Bank Plc is set to introduce a promo tagged, ‘Happy Days Promo’ to empower and reward its teeming loyal customers.The promo which is additionally designed to encourage savings at this period of tight economic situation will see the emergence of a winner of a […]

Naira sustains stable outlook against the dollar in both markets

Culled—Proshare November 25, 2016/TheAnalyst Today, Naira traded southwards at the interbank FX market against the dollar but closed flat at the parallel market. It depreciated by 0.08% to close at N305.25 but closed flat at N399.00 at Interbank FX Market and Parallel Market respectively. Analysis reveals that the Naira remained […]