Culled—-Proshare August 24, 2016/FBNQuest Research The CBN last week hosted the 39th ordinary meeting of the Association of African Central Bank Governors (AACB) in Abuja. Discussion centred on how they can respond to the unwinding of the unorthodox monetary policies in developed economies. These policies will dominate the gathering of […]
Updates
Seven states, Fidelity, others raise N141bn bond
Culled—-Punch Everest Amaefule, Abuja Seven states of the federation including Plateau and Oyo raised a total of N60.95bn through the bond market in 2015, the Debt Management Office said on Tuesday. It also disclosed in a report of its activities in 2015 that corporate organisations including Fidelity Bank and FCMB […]
CBN Ask Banks Not to Sell Forex without Appropriate Documentation
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has asked commercial banks not to sell foreign exchange without appropriate documentation and disclosure to authorities, irrespective of the source of funds. The CBN gave this directive in circular with reference number TED/FEM/FPC/GEN/01/008 dated August 22, 2016 and signed by W.D, […]
