By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Thursday reported an 85.9 percent (85.9%) foreign exchange (forex) inflow in July 2013. Economic report for July 2013 by the CBN said forex inflow and outflow through the apex bank in July 2013 were US$5.78 billion and US$4.89 billion, […]
Tag: Economic Report
Nigerian Banks Credit to Domestic Economy Rose by 3.95% in July
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigerian Banks credits granted to the domestic economy rose by 3.95 percent (3.95%) available data from the Central Bank of Nigeria’s (CBN’s) economic report for July 2013 said. According to the CBN’s report, at N11, 944.23 billion, banks credit to the domestic economy rose […]
Banks Credit to Private Sector rises by 1% in July 2012-CBN
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Banking system Credits to the Private Sector has risen to N14.845 billion in July 2012 indicating a rise of 1.0 percent (1.0%). This is contained in the Central Bank of Nigeria’s (CBN’s) Economic Report for the Month of July 2012. According to the CBN’s Economic […]
