May 23, 2017/Vanguard By Babajide Komolafe The Central Bank of Nigeria (CBN) yesterday injected $205 million into the foreign exchange market even as the naira depreciated to N379 per dollar in the parallel market. Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor confirmed the dollar injection in a statement […]
Updates
Heritage Bank partners RIMAN to promote international best practice in risk mgt
May 22, 2017/Heritage Bank Ltd Heritage Bank Plc has entered into strategic partnership with Risk Management Association of Nigeria (RIMAN) to promote global best practices in the implementation of risk management for safer and stronger financial institution. President of RIMAN, Mr Jude Monye, disclosed this at the first Chief Risk […]
Nigeria central bank seeks to ease naira pressure with $100 mln auction
May 22, 2017/Reuters By Oludare Mayowa | LAGOS May 22 Nigeria’s central bank plans to sell $100 million at a special wholesale spot and forwards auction on Monday as it tries to improve dollar liquidity and ease pressure on the naira. Africa’s largest economy, grappling with a currency crisis brought […]
