Union Bank suffers N188 billion in CRR debits as at June 2020
We expect most banks will suffer similar fate when they release their earnings.
News and analysis about Central Bank of Nigeria
We expect most banks will suffer similar fate when they release their earnings.
The official exchange rate at NAFEX is closer to breaching the N30 ceiling.
This is one of the major corporate bond issuances by a Merchant Bank in Nigeria’s capital market.
Reopening of the BDC window for foreign exchange would crash the prevailing spike in the exchange rate.
Total turnover for the week was $136.9 million, one of the lowest in weeks.
Approval will range from N250, 000 to N50million with a spread across group applications.
The exchange rate at the parallel market was unchanged for the third consecutive day.
The approved fund is the first-ever approved specifically for youths.Â
The CBN’s disposition remains biased towards supporting economic growth.
CBN had granted a temporary suspension on loan interests and repayment on principal debts.
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