Money Market


MPR: Banks raise interest rates on existing loans

29/7/2016/Punch Oyetunji Abioye & Anna Okon Bank customers with existing loan obligations must brace for higher levels of indebtedness as the Deposit Money Banks have begun an upward review of… Read more »


Naira Trades Flat N378/$1 on Parallel Market

By InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Thursday traded flat on the interbank and parallel market at N315 and N378 to the greenback respectively. Cordros reports that the local currency in… Read more »


Provisioning For Foreign Currency Loans

July 27, 2016/CBN In continuation of the efforts to enhance efficiency, facilitate liquidity and transparency in the foreign exchange market, the CBN issued the Revised Guidelines for the Operations of… Read more »