Money Market

Sustained Demand Pressure Continues to Weaken the Currency Despite CBN Intervention

October 11, 2023/CSL Research Based on the half year financial markets report of the Central Bank of Nigeria, the apex bank has maintained its intervention in the foreign exchange market in an attempt to alleviate demand pressures and ensure exchange rate stability. A total of US$6,439.33 million (US$9,229.26 million in […]

eNaira No Threat to Financial Stability

October 9, 2023/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to news items on some media platforms — traditional and social — suggesting that the country’s Central Bank Digital Currency (CBDC), the eNaira, is a threat to the nation’s financial stability. After reviewing the reports, […]

iiDENTIFii and Zanaco Partner to Accelerate Digital Financial Inclusion in Zambia

iiDENTIFii has formed a close partnership with Zanaco to champion an identity solution relevant to the needs of Zambian consumers and citizens October 9, 2023/iiDENTIFii What measures can Zambian financial institutions put in place in a rapidly-changing digital world to enable financial inclusion? This was the key topic under discussion […]