By InvestAdvocateLagos (INVESTADVOCATE)-Nigerian mid-tier lender, Sterling Bank Plc has named Asua Ighodalo as new chairman of the board of directors following the retirement of S.A. Adegunwa, as chairman of the bank. The bank said the appointment was made at its board meeting held on Tuesday, July 08, 2014. Similarly, Sterling […]

The Central Bank of Nigeria’s Monetary Policy Committee will leave interest rates unchanged for the 17th time in a row on Tuesday as it tries to balance controlling inflation and supporting the naira with fostering growth, Reuters reported quoting its poll. The MPC meeting will be the first chaired by […]

Up to 2,400 Bureaus de Change are unlikely to meet the new capitalisation requirements of the Central bank of Nigeria and will subsequently lose their operating licence at the expiration of the July 31, 2014 deadline set by the central bank, investigation by our correspondent has revealed. The CBN had, […]