CBN raises FX loan limits to resolve breaches – cenbank
Emefiele CBN has increased the limit on banks' foreign currency borrowings to 125 percent of shareholders' fund after some lenders...
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Some banks have breached FX borrowing limit: central bank
CBN said on Thursday some commercial lenders have breached its regulatory limit of foreign currency borrowings due to the recent...
Nigerian interbank rate jumps on cash shortage
Interbank Iending Nigerian interbank lending rates rose sharply by around 100 percentage points on Thursday, as commercial lenders scrambled for...
CBN raises FX loan limits to resolve breaches – cenbank
Emefiele CBN has increased the limit on banks' foreign currency borrowings to 125 percent of shareholders' fund after some lenders...
EFCC uncovers $43.4m kept in Lagos flat
EFCC The Economic and Financial Crimes Commission (EFCC) on Wednesday uncovered yet another stash of foreign currencies and Naira notes...
Some banks have breached FX borrowing limit: central bank
CBN CBN said on Thursday some commercial lenders have breached its regulatory limit of foreign currency borrowings due to the...
Nigerian inflation falls to 17.26 percent in March
Annual inflation in Nigeria stood at 17.26 in March compared to 17.78 percent in February, the National Bureau of Statistics...
IEA says global oil market now close to balance
The global oil market is close to balance, after nearly three years of excess supply, as production cuts by top...
FG to delay green bond sale until 2017 budget passed – environment minister
FG will delay the issuance of a green bond until the 2017 budget has been passed, the environment minister said...
GE Nigeria workers cordon off headquarters over salary dispute
Striking Nigerian workers cordoned off the country headquarters of U.S. industrial firm General Electric in Lagos on Wednesday in a...
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