February 29, 2016/Punch The continued depreciation of the naira against the world’s major currencies is hitting hard on the Nigerian economy, with the importation and patronage of used vehicles, popularly called Tokunbo, at an all-time low, COMFORT OSEGHALE writes These are not the best of times for importers of and […]
Tag: InvestAdvocate
Forex scarcity: Banks in multi-million-dollar racketeering
February 13, 2016/Punch Commercial banks in the country are raking in millions of dollars from a foreign exchange racketeering which has been fuelled by the acute shortage of hard currency in the economy, investigation by the Saturday PUNCH has revealed. The Central Bank of Nigeria has been rationing forex to […]
37th Annual Kaduna Trade Fair: FirstBank Fetes Customers with Products Bouquet
February 26, 2016/First Bank of Nigeria In keeping with its tradition of stimulating the economy and encouraging bi-lateral trade relations between Nigeria and its trading partners, Nigeria’s foremost financial institution and the most valuable bank brand, First Bank Nigeria Limited, will deploy cutting-edge technology to drive its products and services […]
