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 […]

Mobile Money Driving Financial Inclusion: Soraya M. Hakuziyaremye, Dty. Governor National Bank of Rwanda

September 6, 2023/Aetoswire -“Information & Communication Technology and Digital Economy are the backbone of Rwanda’s economic development,” said Soraya M. Hakuziyaremye, Board Vice Chairperson and Deputy Governor, National Bank of Rwanda, during a fireside chat on ‘Innovation for Inclusion’ at the Global Fintech Fest 2023 (GFF 2023). Cecilia Skingsley, Head, […]