The Central Bank of Nigeria (CBN) on Monday injected 457.3 million dollars into various segments of the market. The CBN Spokesman, Mr. Isaac Okorafor in a statement in Abuja, said…
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Category: Business
Ignore rumours of financial distress in banks – NDIC BOSS
The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has called on members of the public to ignore rumours of financial distress in some banks that…
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Shareholders laud Sterling Bank’s performance
Shareholders of Sterling Bank Plc. – the “one customer bank”, commended the Bank’s Board and Management for reporting a profitable performance for the year ended December 31, 2016, despite the…
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Huge cyber attack reported Worldwide
A massive ransomware campaign appears to have infected a number of organisations around the world. Computers in thousands of locations have apparently been locked by a program that demands $300…
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FOREX: CBN approves $100m for sale at SMIS
The Central Bank of Nigeria (CBN) has approved the sale of $100 million at the Wholesale Secondary Market Intervention Sales (SMIS) auction announced on Monday, May 8, 2017. The CBN…
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