Guaranty Trust Bank Plc is currently exposed to a financial risk of N42 billion ($138 million) loan to Etisalat Nigeria. According to Mr. Segun Agbaje, Managing Director of GTBank, the…
Read More Etisalat’s N42 billion debt to GTBank to be restructured – GTBank BossCategory: Economy
CBN clears $150m FOREX forwards
The Central Bank of Nigeria (CBN) on Wednesday, March 15, 2017, sold a total of $150 million to authorized FOREX dealers in the interbank at the highest bid rate of…
Read More CBN clears $150m FOREX forwardsCrashed Dana pilot had issues with USA aviation regulators- AIB report
Chidi Samuel || The final report of investigations into the crash of Dana aircraft 992 which occurred on June 3, 2012, has been released by the Accident Investigation Bureau. According…
Read More Crashed Dana pilot had issues with USA aviation regulators- AIB reportAgain, CBN Boosts FOREX Supply with $195m
As anticipated last weekend, the Central Bank of Nigeria (CBN) on Tuesday, March 14, 2017, sustained the supply of foreign exchange to the market by concluding arrangement to release the…
Read More Again, CBN Boosts FOREX Supply with $195mFOREX: CBN continue to flood market
There are strong indications that the Central Bank of Nigeria (CBN) is unrelenting in its move to ensure liquidity in the interbank FOREX market, as it will inject more foreign…
Read More FOREX: CBN continue to flood market
