By InvestAdvocate Lagos (INVESTADVOCATE) –FCMB Group Plc said on Thursday it has raised $115.6 million (N23 billion) bond at the end of its third quarter (Q3), according to a Reuters report quoting Ladi Balogun, FCMB’s chief executive officer. According to the report Balogun said that FCMB still had room to […]
Tag: Naira
Nigeria, Angola seek World Bank help as oil revenues slide
Tue Feb 2, 2016/Reuters By Alexis Akwagyiram and Herculano Coroado Nigeria and Angola, Africa’s two biggest oil producers, are both in talks with the World Bank about support to help cope with low crude prices, weakening currencies and strained public finances. Nigeria has held exploratory talks with the World Bank […]
CBN says FOREX Officers, BDCs, Customs, NAFDAC to Meet on Dwindling Naira
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has directed a meeting of foreign exchange officers of Banks, authorised dealers, the Nigeria Customs Service, National Agency for Food and Drug Administration and Control (NAFDAC) and the Standard Organisation of Nigeria (SON) on developments in the forex market. This […]
