19/4/2016/CBN The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has again assured genuine investors in Nigeria of the Bank’s cooperation and intervention towards self-sufficiency in local production of essential goods and the economic diversification drive. Mr. Emefiele made the pledge during the facility tour of the […]
Tag: Benin Republic
BDC operators import dollars from Ghana, Benin Rep, others
January 23, 2016/Punch There are indications that Bureau De Change operators in Nigeria have been importing dollars from neighbouring Ghana, Benin Republic and others to make up for the scarcity of the currency in the country. According to Saturday PUNCH investigation, some operators were forced to engage in the practice […]
IMF Advise Benin On Troubled Banks, Grants $16.1 million Facility
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday advised the Republic of Benin, West Africa to speedily resolve the issue of its troubled banks as it granted the country $16.1 million extended credit facility (ECF). This is coming on the heels of a statement by Naoyuki Shinohara, […]
