August 12, 2016/Reuters Nigeria’s interbank overnight lending rate jumped to 23 percent on Friday from 10 percent its previous close, after the central bank sold treasury bills at higher yields to lure foreign investors, traders said. Commercial banks on Friday were paying for treasury bill purchases and a foreign currency […]
Updates
Skye Bank Names Babatunde Osibodu as General Counsel
August 12, 2016/NSE We wish to inform you that the Board of Directors of the Bank has approved the appointment of Mr. Babatunde Osibodu as General Counsel of the Bank with effect from August 5, 2016. The General Counsel will assume the role of the Company Secretary/Legal Adviser of the […]
Nigerian Bourse Ends Week in Red, NSE ASI Down 0.12%
August 12, 2016/InvestmentOne Research The Nigerian bourse ended the week in the red, with the NSE-ASI down by -0.12% to close at 27,246.88pts taking YTD return to -4.87%. This performance was driven by bearish sentiments towards the likes of NB (-32pts), ZENITHBANK (-27pts), and FBNH (-13pts), cancelling out gains in […]
