August 12, 2016/Reuters Nigeria’s interbank overnight lending rate jumped to 23 percent on Friday from 10 percent its previous close, after the central bank sold treasury bills at higher yields to lure foreign investors, traders said. Commercial banks on Friday were paying for treasury bill purchases and a foreign currency […]
Money Market
Skye Bank Names Babatunde Osibodu as General Counsel
August 12, 2016/NSE We wish to inform you that the Board of Directors of the Bank has approved the appointment of Mr. Babatunde Osibodu as General Counsel of the Bank with effect from August 5, 2016. The General Counsel will assume the role of the Company Secretary/Legal Adviser of the […]
CBN orders bank workers to declare assets
August 12, 2016/Punch Oyetunji Abioye The Central Bank of Nigeria has ordered workers in all the 19 Deposit Money Banks in the country to declare their assets. The move analysts say looks like the Federal Government is beginning to expand its ongoing anti-corruption crusade to the private sector, especially the […]
