WEDNESDAY, 07 JULY 2010 01:11  Failure of the Central Bank of Nigeria (CBN) to keep to its promise of evolving a new policy guideline for microfinance banks (MFBs) by the middle of this year, which just ended, could be attributed to its inability to reach a compromise with […]
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Inter-bank lending rates double as NNPC withdraws funds from banks
WEDNESDAY, 07 JULY 2010 01:22 BLESSING ANARO   The Nigerian Inter-Bank Offer Rate (NIBOR), the rate at which banks lend money amongst themselves at the inter-bank market, rose to unprecedented high on Tuesday after the Nigerian National Petroleum Corporation (NNPC) said it was withdrawing unspecified amount of money from […]
Inter-bank lending rates double as NNPC withdraws funds from banks
WEDNESDAY, 07 JULY 2010 01:22 BLESSING ANARO   The Nigerian Inter-Bank Offer Rate (NIBOR), the rate at which banks lend money amongst themselves at the inter-bank market, rose to unprecedented high on Tuesday after the Nigerian National Petroleum Corporation (NNPC) said it was withdrawing unspecified amount of money from […]
