The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Wednesday proposed a new banking model that would enable the country to address its infrastructure deficit. Specifically, Sanusi, in a keynote address delivered at the third Public Private Partnership stakeholders forum in Abuja called for the creation of […]
Tag: Central Bank of Nigeria
Nigeria inflation rises to 12.9 pct yr-yr in June
* Consumer price inflation rises to 12.9 pct yr-yr in June * Central bank expected to hold rates next week (Adds details, quote, background, changes headline) Nigeria’s consumer price inflation rose marginally in June, statistics showed on Wednesday, supporting expectations that the central bank will hold interest rates steady at […]
Nigerian naira eases against U.S.dlr on strong demand
The Nigerian naira eased against the U.S. dollar on the interbank on Wednesday after large dollar sales by state-owned energy firm NNPC and at a central bank currency auction, failed to quell demand for the greenback. The unit closed at 161.10 naira to the dollar on the interbank after opening […]
