Money Market

Anchors Borrowers Programme Credit Facility: Farmers Request Loan Repayment Extension

August 9. 2021/CSL Research Amidst the growing insecurity in the country, farmers have called on the Federal Government to intercede on their behalf to the Central Bank of Nigeria (CBN) to extend the loan repayment period for the Anchors Borrowers’ Programme (ABP). This plea is coming barely two months after […]

Stanbic IBTC Receives Recognition Across Various Sectors

August 9, 2021/P+ Measurement Services Accolades have continued to pour in for Stanbic IBTC in recognition of the organisation’s outstanding performance across various facets of Nigeria’s financial industry and its contribution to the development of the Nigerian economy.   The most recent was the emergence of Stanbic IBTC Bank PLC […]

Naira Appreciated by 0.23% WoW in the Parallel Market at an Average Exchange Rate of N510.80

August 9, 2021/Proshare By FMDQ Please see below commentary on the Foreign Exchange (FX) market with data for the week-ended August 6, 2021. The table following the commentary compares Spot FX weekly turnover for trades between banks (FMDQ Dealing Member (Banks) [DMBs]/Authorised Dealers) and their clients for the week ended July 30 […]