September 8, 2023/US Federal Reserve Vice Chair for Supervision Michael S. Barr At the Federal Reserve Bank of Philadelphia Seventh Annual Fintech Conference, Philadelphia, Pennsylvania Thank you for the opportunity to speak today, in the midst of a wave of innovation in the payments system. There are a range of […]
Money Market
CBN Communique No. 149 and Personal Statements by MPC Members of July 24-25, 2023
September 7, 2023/CBN 1. ADAMU, EDWARD L. The Monetary Policy Committee (MPC) met in July 2023 against the backdrop of slowing global growth prospects owing to geo-political tensions, high energy prices, and continued anti-inflation policy stances. In April 2023, the International Monetary Fund (IMF) lowered its world output growth projection […]
NGX RegCo CEO Encourages Nigerian Banks to Embrace ESG for Global Competitiveness
September 6, 2023/NGX Following Nigeria’s commitment to adopt the International Sustainability Standards Board (ISSB) standards, Ms. Tinuade Awe, the Chief Executive Officer of NGX Regulation Limited (NGX RegCo), emphasized the importance of Nigerian banks swiftly integrating environmental, social, and governance (ESG) principles into their business strategies. Awe asserted that doing […]
