August 29, 2023/US Federal Reserve The Federal Deposit Insurance Corporation and Federal Reserve Board today invited public comment on proposed guidance to help certain large bank holding companies further develop their Dodd-Frank Act Title I resolution plans. These resolution plans, also known as “living wills,” describe a bank holding company’s […]
Money Market
New Operational Mechanism for BDC Operators in Nigeria
August 22, 2023/CSL Research Last week, the Central Bank of Nigeria (CBN) in an effort to stabilise the foreign exchange arket and reduce the premium between the parallel market and the official market, issued a circular to the Bureau-De-Change operators in the country, stating new operational guidelines. This is coming […]
Currency Outside Banks Climbed by 3.94% to Reach N2.26trn in June 2023
August 21, 2023/CSL Research Money Supply statistics from the Central Bank of Nigeria (CBN) as of June 2023 showed that currency in circulation increased month-on-month by 3.03% in June to N2.6trn from N2.53trn as of May 2023. Also, currency outside banks rose month-on-month by 3.94% to N2.26trn (representing 86.93% of […]
