By Agency Reporter  Thursday, 27 Jan 2011 THE Chief Finance Officer, Guaranty Trust Bank Plc, Mr. Demola Odeyemi, has urged the Central Bank of Nigeria to initiate strategies that will reduce the cost of doing business in the financial services sector. He said financial institutions were incurring huge costs, […]
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Naira gains on energy firms’ dollar sales
By Agency Reporter  Thursday, 27 Jan 2011 The naira firmed against the sliding United States dollar at the inter-bank market on Wednesday as energy firms’ month-end dollar sales buoyed liquidity and supported the local currency, traders said. According to Reuters, the dollar on Wednesday hit a two-month low against […]
Naira gains on energy firms’ dollar sales
By Agency Reporter  Thursday, 27 Jan 2011 The naira firmed against the sliding United States dollar at the inter-bank market on Wednesday as energy firms’ month-end dollar sales buoyed liquidity and supported the local currency, traders said. According to Reuters, the dollar on Wednesday hit a two-month low against […]
