Money Market

Islamic Development Bank Institute Kicks Off Development of a Smart Stabilization System Prototype

The system is based on an algorithm to maintain the stability of assets traded on organized markets October 25, 2023/IsDBI The Islamic Development Bank Institute (IsDBI) has kicked off building a prototype for its patent-pending Smart Stabilization System. The start of the prototype development came in the wake of a […]

Access Bank to splash millions of Naira on Customers in Xtrawins, Transact and Win campaign

October 25, 2023/Access Bank Plc Access Bank, Nigeria’s top financial institution with a global presence is set to splash millions of Naira and mouth-watering freebies on its existing and new customers. The campaign tagged “Xtrawins, Transact and Win”, will run from 1st October to 31st December 2023, the bank said […]

The Naira on a Free Fall

October 25, 2023/CSL Research The Minister of Finance, Wale Edun, earlier in the week announced plans by the government to raise c.US$10bn from two sources to stabilize the foreign exchange market amidst severe dollar shortages which has caused the Naira to fall to record lows. The Naira fell to a […]