February 28, 2020/Access Bank Plc Nigeria’s largest retail Bank, Access Bank Plc., has been named as one of the top 500 global banking brands, according to leading business valuation and strategy consultancy, Brand Finance. Access Bank has demonstrated growth since it was last ranked as the fifth most valuable Nigerian […]
Money Market
Bank’s Lending Rates Decline Albeit Slower Than Expected
Culled—Proshare February 25, 2020 By CSL Research The Central Bank of Nigeria quarterly economic report for Q4 2019 presented an opportunity to evaluate the impact of the apex bank’s regulations on the direction of official DMB’s lending and borrowing rates. Based on the report, Prime Lending Rate and the Maximum […]
CBN Clarifies on Ordinary Domiciliary Accounts Operations
February 25, 2020/CBN Following different interpretations of operations of domiciliary accounts, it has become imperative to clarify the operations of domiciliary accounts as contained in the Central Bank of Nigeria Foreign Exchange Manual Memorandum 25 provisions under reference. For the avoidance of doubt, all provisions of the Central Bank of […]
