January 5, 2017/Reuters Nigeria sold 172.85 billion naira ($550 million) at its first treasury bill sale of the year on Wednesday with yields unchanged from the previous auction, held on Dec. 21, fixed income traders said on Thursday. The central bank sold 115.85 billion naira of one-year debt at a […]
Updates
Another Initiative Against the Economic Recession
Culled—Proshare January 5, 2017/Bamikole Omisore** On Monday, the Senate President, Dr. Abubakar Bukola Saraki, announced the “Made-in-Nigeria Challenge” – an offshoot of his campaign to stimulate the public’s appeal for Nigerian-made goods. Basically, the aim of the “Challenge” is to encourage local manufacturers by giving them the necessary incentive and support needed […]
Why we created the ABP – Emefiele
January 5, 2017/CBN The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, had given reasons behind the Bank’s Anchor Borrowers’ Programme (ABP) initiative in the country, saying the ABP was meant to complement other agricultural programmes. Speaking in Jibia, Katsina State, on Thursday, December 29, 2106, at the formal […]
