All Recent News Listing (Page 521)
  • CBN Orders Banks to write off hard Currency bad Debts
  •   THE Central Bank of Nigeria (CBN) has discovered a steep rise in hard currency debts in the nation’s banks following its revised guidelines on the operations of the Nigerian Inter-bank foreign exc[...]
  • Date Posted:: 29/Jul/2016
  • CBN Raises Interest Rate To Boost Naira, Tackles Inflation
  • To strengthen the naira and attract more investment into the country, the Central Bank of Nigeria (CBN) yesterday raised its benchmark interest rate (Monetary Policy Rate, MPR) by 200 basis points – from 12 per cen[...]
  • Date Posted:: 28/Jul/2016
  • CBN To Banks: Provide For Foreign Currency Loans
  • Lenders To Raise Capital Banks in the country are set to go on capital raising exercis-as the Central Bank of Nigeria (CBN) has directed them to immediately make full provisions for un-provisioned portions of all foreig[...]
  • Date Posted:: 28/Jul/2016
  • Djibouti Joins Africa Finance Corporation
  • Djibouti has become the newest member of Africa Finance Corporation (AFC), an international investment grade multilateral finance institution investing in key infrastructure projects across Africa. Commenting on develop[...]
  • Date Posted:: 28/Jul/2016
  • Mixed Reactions trail CBN’s Rate Decision
  • MAN decries dwindling fortunes of real sector The quest to tame inflation and bridge the negative real rates, attract investments and raise savings may be a mirage, if oil crisis persists and monetary-fiscal measures ca[...]
  • Date Posted:: 28/Jul/2016