Money Market

A Welcome Extension of the Incentive for Remittances

May 20, 2021/Proshare by FBNQuest Research   The CBN has extended its “Naira 4 dollar scheme” until further notice, and will be hoping for a strong recovery in remittances and therefore an easing of pressure on the naira exchange rate and the current account. The COVID-19 virus was widely seen […]

Ecobank Partners Lagos State Employment Trust Fund To Support MSMEs In Lagos State

May 19, 2021/Ecobank Nigeria Ecobank Nigeria and the Lagos State Employment Trust Fund (LSETF) have reached a strategic collaboration to reduce unemployment in the state through the promotion of entrepreneurship and capacity development for Lagos based micro, small and medium enterprises (MSMEs). Under the arrangement, Ecobank is expected to make available […]

Emefiele Faults Claims of Imbalance in Agric Interventions

May 18, 2021/Proshare by CBN …Tasks Stakeholders on Food Security The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has faulted claims in certain quarters suggesting that the Bank’s targeted interventions in the agricultural sector are tilted in favour of a certain section of the country. Mr. Emefiele made […]