Money Market

CBN Publishes Lists of Licensed Finance Companies, DMBs, MFBs and BDCs As At Sept 30, 2019

November 20, 2019/Proshare by Proshare Research The Central Bank of Nigeria (CBN) has published the list of licensed finance companies, Microfinance Bank (MFBs), Bureaux De Change (BDCs) and Deposit Money Banks (DMBs) and Finance Holding Companies operating in Nigeria as at 30th September 2019.  Currently, there are against 77 Licensed Finance […]

Naira Interest Rates: How is a Two-Tier System Going to Work?

November 20, 2019/Coronation Report Two interest rates emerge A month ago the Central Bank of Nigeria (CBN) stopped most domestic investors, including pension funds, from investing it its open market operation (OMO) bills. As the OMO market is much larger than the T-bill market this heralded a rotation of money […]

Access Bank Names Ajoritsedere Awosika Chairman as Mosun Belo-Olusoga Retires

November 19, 2019/Access Bank Plc The Board of Directors of Access Bank Plc (the Bank) is pleased to announce that its Chairman, Mrs. Mosun Belo-Olusoga will be retiring in January 2020. This follows her completion of the maximum 12- year term limit allowed by the Central Bank of Nigeria’s Code […]