The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, at the Vanguard Personality Awards, last weekend took time to explain why interest rate is still high.

Before I proceed, let me specially thank the organizers of this event, for the recognition and distinction they have accorded me. No one really deserves these awards because we are all working for and on behalf of the masses but I gladly accept it on their behalf and assure us all that this recognition will encourage me to keep doing my best in the future.

There were indications this week that the foreign exchange market may witness another round of sustained appreciation of the local currency, Naira, against world’s major currencies at the parallel market segment, while narrowing the premium.

Managing Director/Chief Executive Officer, Coronation Merchant Bank, Mr. Abubakar Jimoh in this interview spoke on how the bank came into existence; its corporate ambition; financial performance; the capital market operations; how the merchant banking services can spur economic development, the future outlook, among others.

Sterling Bank Plc, the one-customer bank has launched a new proposition known as, ‘One Woman’ to commemorate the International Women’s Day in Nigeria with the theme ‘Be Bold for Change.’ The product was launched by Mrs. Ifeyinwa Ighodalo, the Chief Executive Officer of DO.II Designs Limited and the wife of the Chairman of Sterling Bank Plc, Mr Asue Ighodalo, at a well -attended ceremony in Lagos.