Money Market

Central Bank Sterilizes N1.30Trillion Of Bank Deposits To Combat Excess System Liquidity

Culled—Proshare April 26, 2020 Zedcrest Capital Below are highlights of trading activities in the fixed income and forex market on April 24, 2020   FGN Bonds It was a calm session to close the week in the Bonds Market, as the news IMF’s recommendation of a possible $3.4Billion emergency funding loan […]

Lending Still Possible During COVID-19 Using CRC Credit Bureau’s Automated Service

April 26, 2020/CRC Credit Bureau CRC Credit Bureau is making lending easier for financial institutions who have automated their lending applications via an Application Program Interface (API). With CRC’s API, lenders and other credit granters can continue to grant loans and postpaid services via an automated process by accessing CRC’s […]

E-Payments, a Beneficiary of the Virus

Culled—Proshare April 23, 2020 By FBNQuest Research                                                                                The latest data from a NBS series, produced in collaboration with the CBN, reveal that 894 million transactions valued at N49trn were recorded on electronic payment channels in Q4 2019. NIBSS instant payments (NIP) dominated with a volume of 343 million. […]