The Central Bank of Nigeria has said it plans to auction N142.1bn ($884m) in treasury bills with maturities ranging from three months to one year at a twice monthly debt auction next Wednesday. The CBN said in a statement that it would issue N32.05bn in 91-day paper, N50bn in 182-day […]
Tag: Central Bank of Nigeria
CBN relaxes measures introduced during global financial crisis
The Central Bank of Nigeria has begun to unwind measures introduced in the wake of the global financial crisis. The CBN in a circular last Friday issued a revised guideline to all Deposit Money Banks and discount houses on how to access the CBN lending windows and repurchase transactions. A […]
Sterling Bank’s Gross Earnings up by 58% in Q2 ‘12
By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc has reported an increase in Gross Earnings by 58 percent (58%) in its Second Quarter (Q2) Result for the Period Ended June 30 2012. A Statement by the Bank on Friday affirmed Gross Earnings rose by over a half at 58% to N32.7 billion […]
