April 29, 2020/Coronation Report Last we noted that the Central Bank of Nigeria (CBN) is in no hurry to raise market interest rates and that – most of the time – Nigeria’s commercial banks are liquid, usually reporting over N500.0bn (US$1.3bn) in total closing balances. This situation is consistent with […]
Money Market
CBN Lifts Temporarily Suspension of Cheque Clearing
April 28, 2020/CBN In furtherance of its effort in the development of a safe and efficient payment in Nigeria, the Bank in collaboration with relevant stakeholders has reviewed the need for cheque clearing to accommodate users of cheque as one of the payment instruments in Nigeria, despite the lockdown of […]
Post One Year Anniversary Merger: Access Bank Reports 58% increase in Non-Interest Income to N77.9 Billion
April 27, 2020/Access Bank Plc/Access Bank Plc Inspite of current macro economic issues , we have made solid progress in the first quarter of 2020 in line with our 2018-2022 five year strategy. This is based on a sustainable and resilient business model; as we continue to invest in our […]
