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Interbank rate climb is normal

  By Oluwaseyi Bangudu September 21, 2010   Nigerian interbank lending rates rose to 4.0 per cent on average last week, from 1.66 per cent the previous week, after large cash withdrawals drained liquidity from the system.The secured Open Buy Back climbed to 3.5 per cent from 1.50 per cent, […]

IMF partners with local agencies on money laundering

  By Okechukwu Nnodim September 21, 2010   In order to ensure a smooth interface in the fight against money laundering in Nigeria, the International Monetary Fund (IMF) on Monday initiated a partnership with the National Financial Intelligence Unit (NFIU) and the National Drug Law Enforcement Agency (NDLEA).According to the […]

Afrinvest – Change of Address

  September 21, 2010   Afrinvest West Africa Limited is relocating from ForeshoreTowers where they have been since inception in 1995 to a brand new corporate headquarters from Monday 20th September 2010.   Their new address and phone numbers will be as follows:   27 Gerrard Road Ikoyi Lagos Tel: […]