Money Market

Alert7

Nigeria’s Skye says received 100 billion naira from central bank

July 29, 2016/Reuters Nigeria’s Skye Bank has received more than 100 billion naira in liquidity from the central bank since July 4 to shore up its operations, its new managing… Read more »

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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 »

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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 »

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