By Stanley Opara with agency report The Federal Government sold N107.64bn ($703m) in 91-day, 182-day and 364-day treasury bills on Thursday as part of measures to control money supply in the country. The Central Bank of Nigeria said on Friday that it sold N50bn in the 364-day instruments at a […]
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World Bank cautions Nigeria against closed economy model
By Stanley Opara The World Bank has urged Nigeria to reassess its trade policies and consider a relatively open economy, considering the merits of a competitive economy. The Country Director, World Bank, Mr. Onno Ruhl, said this at a stakeholders’ forum on trade and tariff policies, organised by the Lagos […]
Microfinance banks to get trust fund in Q2
By Tope Adepetu The National Association of Microfinance Banks, Lagos chapter, has said that its members will start having access to the Microfinance Trust Fund set up by the state chapter from the second quarter of this year. The acting Chairman, NAMB, Lagos State, Mr. Olufemi Babajide, said this in […]

