Nigerian banks raised a total of about N340bn ($2.1bn) between January and August this year, similar to the entire amount raised in 2013, a new banking sector report has stated. The Banking Sector Report for September 2014 by FBN Capital Limited, the investment banking and asset management subsidiary of FBN […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Citibank Nigeria Limited will tomorrow Wednesday September 24, 2014 hold the 2nd annual Citi Financial Journalist Training (CFJT) as part of activities marking its 30 anniversary in Nigeria. An e-mail from the bank to InvestAdvocate reads thus: ‘’ The Citi Financial Journalists Training (CFJT) is a […]

The nation’s interbank lending rates eased to an average of 10.37 per cent last week, compared with 10.62 per cent the previous week, with markets expecting a liquidity boost from monthly government budgetary disbursement. Traders said though market liquidity was hit by large cash outflows to bond auction and open […]