Money Market

CBN Indefinitely Suspends Cheque Clearing in the Nigerian Clearing System

March 31, 2020/CBN Please recall that the first index case of COVID-19 was recorded in Nigeria on 27th of February, 2020 and since that date, there has been some level of increase in the number of confirmed cases in the country. The President, through a nationwide broadcast yesterday, announced a […]

CBN will Not Disrupt Financial Services During COVID-19 Lockdown

March 30, 2020/CBN It will be recalled that President Muhammadu Buhari had issued a directive restricting the movement of people – excluding those on essential service – with effect from 11pm on Monday, March 30, 2020, in the Federal Capital Territory (FCT), Lagos and Ogun States, as a response to […]

COVID-19 – Ecobank Announces Zero Charge for Digital Money Transfers Below N5000

March 29, 2020/Ecobank Ecobank Nigeria says it is committing about a hundred million naira to drive its National Radio Campaign “StaySafeNigeria”, being part of its corporate actions to support measures to check the rising spread of Coronavirus. The campaign which is a call to action, creating awareness and educating the […]