Money Market

CBN Offers 9% Interest Rate Per Annum on N300 Billion Real Sector Support Facility

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Wednesday it’s offering nine (9) percent interest rate per annum on the newly established N300 billion Real Sector Support Facility (RSSF), according to guidelines released. The CBN said the nine (9) percent per annum is payable on […]

Barclays Africa says applies for Nigerian licence

Tue Mar 3, 2015/Reuters Barclays Africa has applied for a licence to operate in Nigeria and is “keen” to take over operations in Egypt and Zimbabwe that still belong to its parent company, its chief executive said on Tuesday. “We have just applied for the licence and we’ll have to […]