Breaking News
Translate
CBN

CNB renews efforts at building confidence in Nigeria’s mortgage banking sector

The Central Bank of Nigeria, CBN,which regulates and supervises the operations of mortgage banks in Nigeria has renewed efforts at building public confidence as well as engendering soundness and stability in the mortgage banking sub-sector of the nation by setting up an Alternative Dispute Resolution ADR, platform/financial Ombudsman for the mortgage banking sector which will be resting on a sub-committee on ethics and professionalism. 

Read More
CBN

External reserve sets to hit 30-month high of $32bn

NIGERIA’s external reserve is set to hit a 30-month high of $32 billion by the end of this month.Data from the Central Bank of Nigeria (CBN) showed that the external reserve rose to $31.55 billion on August 16, from $30.84 billion on July 31, representing increase of $710 million in 16 days. This trend is expected to persist in the second half of August driving up the reserve to the $32 billion mark.

Read More
Do NOT follow this link or you will be banned from the site!