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Tag Archives: Bank

Nigeria: interbank lending rates now 1.1.%

Nigerian interbank lending rates eased to 1.1 percent on average this week from 1.66 percent last after the release of large budgetary allocations to government agencies raised liquidity in the ...

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Nigeria: Donor funds Hit $4.2bn

The combined funding support by donor agencies including the World Bank, African Development Bank (ADB), International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IDB) to Nigeria stood ...

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Nigeria: Unity Bank, Wema Bank get more time to recapitalise

The Central Bank of Nigeria (CBN) yesterday extended the recapitalisation deadline it gave Unity Bank and Wema Bank by three months. Both banks had been given till tomorrow, June 30 ...

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