The Federal Government Monday proposed a portfolio of concessionary loans totalling $9.3 billion under its 2012-2014 Medium Term External Borrowing Plan and requested the National Assembly to consider and approve it. The proposal consists of an initial request of $7.9 billion which has been pending before the parliament and an […]
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West Africa Global Banking & Investment Forum begins in London
By Peter OBIORA InvestAdvocate London (INVESTADVOCATE)-The Second West Africa Global Banking and Financial Investment Forum 2012 begins today in London United Kingdom (UK). The event being organised by BusinessinAfrica Events (BIAE) leading Pan-African Business Communication Company and in partnership with the West African Monetary Institute (WAMI), will bring together West […]
Nigerian inter-bank rates flat on mature T-bills
Nigerian interbank lending rates were flat at an average of 12 per cent last week as a slowdown in foreign exchange demand and the repayment of mature treasury bills boosted naira liquidity. The Central Bank of Nigeria sold a combined $95m to lenders at its two auctions this week, far […]
