22/5/2017/Reuters Ghana’s central bank lowered its benchmark interest rate on Monday by 100 basis points to 22.5 percent, citing a downward trend in inflation towards medium term targets of 8 percent plus or minus 2 percentage points, Governor Ernest Addison said. The cut, which economists had expected, reflected lower risks […]
Updates
CBN injects $205m as Naira falls to N379/$
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 […]
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 […]
