Money Market

IMF Says Foreign Banks’ Funding to Emerging Europe Increased First Time Since 2011-Report

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) said on Tuesday that foreign bank funding to Central, Eastern and Southeastern Europe (CESEE) countries, excluding Russia and Turkey, rose in the second quarter of 2015 for the first time since 2011, according to a new report from the Vienna […]

CBN Partners Federal Ministry of Finance and The Bill & Melinda Gates Foundation on Digital Financial Inclusion Project in Nigeria

November 12, 2015/CBN On 30th October 2015, the Central Bank of Nigeria (CBN) hosted the Inaugural Digital Financial Inclusion Project meeting as per the Letter of Understanding executed between the Federal Ministry of Finance; Central Bank of Nigeria and the Bill & Melinda Gates Foundation. The project is focused on: […]

CBN Secures Chief Justice of Nigeria’s Support to Curb e-Fraud

November 12, 2015/CBN Barely a week after the Inspector General of Police (IGP), Mr. Solomon Arase, ordered the establishment of a dedicated Payment and Card Crime Unit in the Nigeria Police, the Central Bank of Nigeria (CBN) has solicited the support of the Chief Justice of Nigeria (CJN), Justice Mahmud […]