February 26, 2025/FirstHoldCo By A.Ezekiel In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and only 25% make it to 15 years or more (according to the US Bureau of Statistics), any business that has […]
Money Market
N1.03Trn Inflows Poised to Ease OVN Rate, as Treasury Bills Rally Amid Inflation Relief, MPC Decision
By Evans CHARLES InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian financial markets witnessed a week of shifting dynamics as liquidity conditions and investor sentiment evolved in response to key macroeconomic triggers. With an influx of N1.03 trillion from OMO maturities expected to bolster system liquidity this week, the overnight (OVN) rate is projected […]
CBN Release Guidelines on Management of Dormant Accounts Amid Data Protection Concerns
February 19, 2025/CBN The guidelines on management of dormant accounts, unclaimed balances and other financial assets in Banks and other Financial Institutions in Nigeria 2024, requires that Banks and some other financial institutions to publish on their websites, the names of individuals authorised to operate the accounts, the type of […]
