The naira traded flat against the United States dollar at the inter-bank market on Monday as oil firms’ greenback sales boosted liquidity in the market. The naira recovered to N162.87 against the dollar on Monday, after it touched N163.20 in early trade. The naira had closed at N162.82 to the […]
Tag: Central Bank of Nigeria
CBN sells N100bn in T-bills
The Central Bank of Nigeria has sold N100.62bn ($619.0m) in treasury bills with 91-day and 182-day maturity at its bi-monthly auction, with mixed yields compared with the previous auction. A statement by the bank on Friday said it sold N37.49bn worth of the 91-day paper at a return of 14.05 […]
NUBAN will worsen problem of unclaimed dividend – ICMR
The Chief Executive of Institute of Capital Market Registrars, Dr. David Ogogo, on Tuesday said that the Nigerian Uniform Bank Account Number would worsen the problem of unclaimed dividend. Ogogo told the News Agency of Nigeria in Lagos that the pronouncement of Central Bank of Nigeria on NUBAN would affect […]
