Money Market

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 […]

Average Yield Settled at 2.7% on High Liquidity; The CBN Debits Banks N1.4trn in Special CRR

Culled—Proshare April 27, 2020 by Afrinvest Research Last week, demand in the Nigerian Treasury Bills (“NT-Bills”) secondary market strengthened as robust system liquidity levels (c. N668.0bn long at the start of the week) continued to bolster market sentiments despite the release of March’s inflation data which rose 6bps to 12.3% […]

AEC calls on the Bank of Central African States to relax Forex Rules

New rules notably state that all foreign exchange transfers over $1,680 be vetted for approval by the bank April 27, 2020/AEC The African Energy Chamber (www.EnergyChamber.org) has joined oil industry stakeholders in calling on the Bank of Central African States (BEAC) to relax its currency controls rules adopted in June […]