Money Market

Unity Bank Donates N10 Million to Fiditi National Open University

September 9, 2023/Unity Bank Plc As part of its corporate social responsibility and commitment to promoting the development of the education sector in Nigeria, Unity Bank Plc has donated N10 million to Fiditi National Open University in Oyo Sate, Southwest Nigeria. From Right: Managing Director/CEO of Unity Bank Plc, Mrs […]

The Federal Reserve’s Role in Supporting Responsible Innovation

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 […]

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 […]