By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Thursday said Foreign Exchange (FOREX) Inflow in Nigeria April 2012 was US$3.24 billion and US$1.75 billion Outflow respectively. This is contained in the CBN’s 2012 April Economic Report obtained by www.investadvocateng.com. The Apex Bank said the US$3.24 billion Inflow […]
Tag: Nigeria
Experts seek mortgage banks’ capital base review
Due to increasing housing problems in Nigeria, experts have called for a review of the capital base of mortgage banks, saying there is need for the capital base of the mortgage banks to be increased. The experts at a training organised by the Central Bank of Nigeria said the review […]
Substandard cheques in circulation –CBN
The Central Bank of Nigeria has indicated that some cheques, interest and dividend warrants currently being used are below standard. It specifically said on Sunday that some of the security instruments produced for the Nigerian market such as cheques, interest and dividend warrants had not met the stipulated standard. A […]
