Rates to trend high on T-bills, Bond auctions

March 13, 2017

THERE are indications that money market rates will rise this week as the Central Bank of Nigeria(CBN), the Debt Management Office (DMO) plan several issues that will have impact on liquidity. In the week ahead, […]

GTBank initiates dialogue on forex, non-oil Export

March 13, 2017

GUARANTY Trust Bank has initiated a dialogue on issues affecting trade, forex and export activities, thereby providing an avenue for all stakeholders to address lingering issues affecting the non-oil export business in Nigeria. This, according […]

Money Market Review

March 6, 2017 Oluwatoba Olaitan

Rates in the money market traded within a band of 13.1 per cent  -16.2 per cent for Open Buy Back (OBB) and 14.1 per cent – 17.3 per cent  for Overnight (O/N) rate as liquidity […]

Banks lend directors, insiders N740bn —NDIC

February 27, 2017

THE Nigeria Deposit Insurance Corporation (NDIC), has expressed concern over the rising tide of Non-Performing Loans (NPLs) in the banking system, where N740 billion or 40 per cent constituted Insider/Directors related loans. Managing Director/Chief Executive […]

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