August 12, 2016/CBN It has come to the notice of the Central Bank of Nigeria (CBN) that, in spite of its transparency in the licensing of International Money Transfer Operators (IMTOs) in Nigeria, some persons have continued to allege that the Bank has stopped the licensing of interested IMTOs in […]
Updates
Reps want CBN to reduce interest rate
August 12, 2016/Punch The House of Representatives has called on the Central Bank of Nigeria to seek ways of reducing the high interest rate on loans given to customers by commercial banks and also find a solution to the high rate of non-performing loans in the banking sector. The Chairman, […]
Sukuk Bond Issuance Shifted Till 2017
10/8/2016/The Will The Securities and Exchange Commission has declared that the sovereign Sukuk bond initially scheduled for third quarter of 2016 would now be issued in the first quarter of 2017. Mr Mounir Gwarzo, SEC Director-General, made this known on Wednesday at the commission’s Capital Market Committee second quarter media […]
