Microfinance banks in the country have called on the Central Bank of Nigeria to review some aspects of the regulatory guidelines and policies affecting the banks. A communiqué made available to our correspondent on Wednesday by participants at a just concluded microfinance certification programme of non-executive directors of microfinance banks […]
Tag: Central Bank of Nigeria
Nigeria naira firms as oil firms, Cbank sell dollars
Nigeria’s naira firmed against the greenback on the interbank market on Wednesday, after dollar sales by the central bank and two oil firms boosted liquidity amid lacklustre demand, traders said. The naira ended at 162.75 to the U.S. dollar on the interbank on Wednesday, firmer than the 163.16 it closed […]
Nigerian naira eases vs dollar as liquidity drops
Nigeria’s naira eased against the U.S dollar on the interbank market but was stable at the central bank’s foreign exchange auction on Monday, as demand for the greenback by importers and foreign firms remitting dividends outweighed dollar sales by oil companies. Traders said the naira closed at 163.10 to the […]
