August 18, 2023/CSL Research Since the unification of all the official foreign exchange (FX) windows, the Naira has declined by 61.04% to N745.43/$ as of 17 August 2023 from N462.88/$ (price prior to the new policy) at the I&E Window. However, the real shocks of the policy were witnessed in […]
Money Market
GCR Affirm Afreximbank’s International Scale Long and Short-term Issuer Ratings of A/A2 and A-, with “Stable” Outlook
August 16, 2023/GCR Ratings GCR noted Afreximbank’s risk position as ratings positive, buttressed by Non-Performing Loans (NPLs) that compare favourably to rated peers and further cited the Bank’s loan book as exhibiting strong recovery fundamentals GCR Ratings (GCR), has affirmed Afreximbank’s international scale long and short-term issuer ratings of A […]
PSV 2025 : payment system stakeholders to discuss digital Infrastructure at FICAN conference
August 16, 2023/FICAN In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions in line with Nigeria’s Payment System Vision (PSV) 2025. The Central Bank of Nigeria (CBN) in December 2022 released the Payments System Vision […]
