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 […]
Money Market
Agencies issue principles for climate-related financial risk management for large financial institutions
October 24, 2023/US Federal Reserve Federal bank regulatory agencies today jointly finalized principles that provide a high-level framework for the safe and sound management of exposures to climate-related financial risks for large financial institutions. The principles are consistent with the risk management framework described in the agencies’ existing rules and […]
Nigeria’s Forex Market Needs Clear, Enforceable Rules: i-invest
October 24, 2023/Parthian Partners Limited Chairman of brokerage firm, Parthian Partners Limited, owners of digital investment platform, i-invest, Dotun Sulaiman (MFR), has expressed optimism about the potential impact of the Central Bank of Nigeria (CBN’s) proposed policy documentation on rules of the foreign exchange market operation in Nigeria. Sulaiman disclosed […]
