www.proshareng.com Your Online Personal Finance Information Clearinghouse http://www.proshareng.com/myproshare/portal_news.php?id=5109 Another restructuring exercise looms in the banking and financial sector. In the forthcoming change, the Central Bank of Nigeria (CBN) may not be spared. Going by feelers from the Senate Committee on Banking, Insurance and Other Financial Institutions, th http://www.proshareng.com/myproshare/portal_news.php?id=4964 Rates rise as CBN tightens noose on liquidity http://www.proshareng.com/myproshare/portal_news.php?id=4940 What may have inspired the Federal Government last week to secure fresh foreign credit through the floatation of a $500 million bond at the London Stock Exchange could be likened to its passion to drive the private partnership policy. http://www.proshareng.com/myproshare/portal_news.php?id=4928 The Federal Executive Council (FEC) yesterday gave the Federal Government approval to issue a Naira denominated bond worth $500 million, for a tenure of 10 years in the International Capital Market(ICM). http://www.proshareng.com/myproshare/portal_news.php?id=4896 Average normal lending rates officially rose to 17.68 percent at the close of August, in spite of decision by the Monetary Policy Committee (MPC) to retain both the Monetary Policy Rate (MPR) and Cash Reserve Ratio (CRR) at 10.5 and four percent respectiv http://www.proshareng.com/myproshare/portal_news.php?id=4881 Current account surplus is likely to fall to 5.4 percent of Gross Domestic Product (GDP) in 2009 from 10.7 percent of GDP projected in August 2008 Economist Intelligence Union (EIU). http://www.proshareng.com/myproshare/portal_news.php?id=4877 Nigeria’s gross external reserves has dropped to $60.381 billion (about N7.065 trillion) by August 28, in a situation prompted by drop in oil prices in the international market and the declining local production. http://www.proshareng.com/myproshare/portal_news.php?id=4869 FG’s N78 billion gas lifeline to boost electricity - Experts http://www.proshareng.com/myproshare/portal_news.php?id=4851 The nation’s apex banking regulatory body, Central Bank of Nigeria (CBN) sprang a new vista in licensing of new banks as it rolled out fresh conditions alongside the N25 billion minimum capital base requirement. http://www.proshareng.com/myproshare/portal_news.php?id=4833 A total of N1.2 trillion is expected to hit the banking system this week from the Federal Accounts Allocation Committee (FAAC), excess crude oil account and statutory budgetary allocation. http://www.proshareng.com/myproshare/portal_news.php?id=4823 Strong indications from very worried fiscal authorities in Nigeria over the distortions being caused in the financial system by Central Bank of Nigeria (CBN’s) planned common financial year-end for banks are that the policy faces a stillbirth, ahead of it http://www.proshareng.com/myproshare/portal_news.php?id=4811 Central Bank of Nigeria (CBN), has advised banks to brace up their efforts at promoting electronic payment (e-payment) among their customers in order to reduce the volume of cash circulating in the system.