The Central Bank of Nigeria will issue a total of N841.32bn worth of treasury bills in 91-day bills, 182-day bills and one year bills in the third quarter. According to latest figures from the CBN websites, the bank will issue 91-day bills worth N220.05bn, while a total of N381.27bn will […]
Tag: CBN
Substandard cheques in circulation –CBN
The Central Bank of Nigeria has indicated that some cheques, interest and dividend warrants currently being used are below standard. It specifically said on Sunday that some of the security instruments produced for the Nigerian market such as cheques, interest and dividend warrants had not met the stipulated standard. A […]
Banks shedding of Non-subsidiaries to block Regulatory loopholes
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Jim Obazee, Executive Secretary/ Chief Executive Officer (EC/CEO) of Financial Reporting Council Thursday said that Nigerian Banks divesting from Non-Banking Subsidiaries will block regulatory loopholes. Obazee said this at the Inauguration of the new Executive Members of the Capital Market Correspondents Association of […]
