Large maturing debts set to test CBN’s pro-growth resolve
Nigeria’s Central Bank (CBN) has been forthcoming with its intention to boost the economy by encouraging credit creation and manufacturers to source raw materials locally, but the apex…
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Unity Bank shows improved profitability with 96% half-year profit growth to N967m
Unity Bank plc, a Nigerian mid-tier lender, showed improved profitability for the first time in four years after its post-tax profit almost doubled in the first six months of 2019.
CBN bank says injected $326 mln into currency market
Nigeria’s central bank said on Friday it had injected $325.64 million into the interbank foreign exchange market as part of efforts to boost liquidity and reduce dollar shortages.
Nigeria,…