MONDAY, 16 AUGUST 2010 01:13     Inter-bank lending rates climbed to 1.66 percent on average last week from 1.08 percent penultimate week due to large cash outflows to forex and treasury bills purchases by commercial banks, traders said. They said cash withdrawals by state energy firm, Nigerian National Petroleum […]

  08.15.2010   The management of the Skye Shelter Fund’s Real Estate Investment Trust (REIT) has said that it would reward its Unit Holders with a total dividend of N10 in 2010.According to a statement by the bank, the real estate investment company said it will pay N7 dividend for […]

  By Obinna Chima   The banking sector reforms embarked upon by the Central Bank of Nigeria (CBN) has brought about stability in the foreign exchange market, some participants in the currency market have said.The operators, who reviewed the effect of the apex bank sanitisation, one year after, spoke in […]