Money Market

CBN Unveils Monetary, Credit, Foreign Trade and Exchange Guidelines for Fiscal Years 2020-2021

September 12, 2020/CBN The Central Bank of Nigeria (CBN) in 2020/2021 will continue to conduct monetary policy anchored on the Medium-Term Expenditure Framework (MTEF) of the Federal Government, with the objective of achieving price and financial stability. The rationale for the aforementioned is that monetary policy impacts its ultimate goal […]

Citi Retail Services and Wayfair Announce New Strategic Partnership With Launch of Private Label and Co-Brand Credit Cards

September 11, 2020/Mastercard Multi-year agreement provides customers with seamless digital financing options Citi Retail Services and Wayfair, one of the world’s largest online destinations for the home, today announced a long-term partnership to provide a new private label Wayfair Credit Card and co-brand Wayfair Mastercard with compelling rewards and benefits […]

Banking Sector Staff Strength Declines to 9-Quarter Low

Culled—Proshare September 11, 2020  by CSL Research Yesterday, the National Bureau of Statistics (NBS) published the data on key banking sector statistics. According to the report, the total staff strength of the banking sector declined by 9.5% y/y and 2.6% q/q to 94,498 persons which represents a 9-quarter low. The […]