By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has announced that its Monetary Policy Committee (MPC) meeting earlier scheduled to hold on September 22 and 23, 2014 has now being brought forward to Thursday, September 18 and Friday, September 19, 2014. This is contained in statement by […]
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Nigeria naira hits 2-month low, NNPC dollar sale fails to lift
Nigeria’s naira fell to its lowest level in two months against the U.S. dollar on Wednesday, as the sale of greenbacks by state-owned energy company NNPC failed to meet market expectations. Traders said NNPC sold around $300 million to some lenders, but this was not enough to give support to […]
Fidelity, Skye, Heritage jostle to buy Enterprise Bank
Fidelity Bank Plc, Skye Bank Plc and Heritage Bank are among the five banks shortlisted to buy Enterprise Bank by the Asset Management Corporation, a source close to the deal disclosed to our correspondent on Wednesday. AMCON sources and top bank executives told our correspondent on Tuesday that any of […]
