Access Bank Secures $250m Fresh Tier II Capital

Posted by - March 13, 2019

Access Bank Plc recently disclosed that it had finalised terms and obtained regulatory approvals for it to raise a fresh $250 million tier II capital. Group Managing Director/Chief Executive Officer, Access Bank, Mr. Herbert Wigwe, who disclosed this during a media briefing in Lagos recently, said the fund would be available for drawdown in January

CBN Injects Fresh $210m into Forex Market

Posted by - April 19, 2018

In continuation of its intervention in the interbank segment of the foreign exchange (forex) market, the Central Bank of Nigeria (CBN) Wednesday made available another $210 million in the market to meet the requests of customers. A breakdown of the figures made available by the Bank indicated that the CBN offered the sum of $100