…Offers $100m to Wholesale segment; …SMEs window receives $50m boost; …BTA, others get $45m Ahead of the decisions of the Monetary Policy Committee (MPC) on Tuesday, July 25, 2017, the…
Read More CBN injects $195m into Forex market Ahead of MPC Decisions
More Sterling Bank’s debtors are not paying back their debts as the size of the bank’s loans and advances reduces. The bank’s financial statements for the first months of 2017…
Read More Sterling Bank struggles with rising impairment as loans decline
Nigeria’s central bank offered six-and 12-month Treasuries at yields higher than the country’s inflation rate on Friday to lure yield-hungry investors and attract dollar inflows, traders said. Severe dollar shortages…
Read More CBN sells treasuries above inflation to attract forex flows
Following the order of a Lagos High for the forfeiture of the sum $793.2m domiciled in seven banks which they failed to remit to the federal government at the introduction of…
Read More UBA, Fidelity and Sterling banks deny withholding money from TSA account
Emerging Markets Telecommunication Services Limited, EMTS, has formally confirmed that it has adopted 9mobile as the brand name for Etisalat. In a statement on Tuesday, EMTS said, “Emerging Markets Telecommunication Services Limited…
Read More Etisalat Nigeria formally announces 9mobile as new name
