Culled—Proshare October 4, 2019 By Coronation Research Nigerian banks have improved non-performing loans (NPLs) post-recession. However, our study shows certain sector NPLs have deteriorated. Real Estate, a significant component of GDP, has also recorded impressive moderation in NPLs, notwithstanding its declining contribution to GDP. FX So far in September, the […]
Money Market
Forex Intervention: CBN Injects $311.5m, CNY15m into Retail SMIS
Culled—Proshare October 4, 2019 By CBN The Central Bank of Nigeria (CBN) on Friday October 4, 2019, made an intervention of $311.5million in the retail Secondary Market Intervention Sales (SMIS) and CNY 15million in the spot and short-tenored forwards segment of the inter-bank foreign market. The Director, Corporate Communications Department […]
Access Bank Unveils Independence Campaign, set to Splash Cash Prizes on over 30 DiamondXtra Customers Daily
October 3, 2019/Access Bank Plc In commemoration of Nigeria’s 59 years’ independence anniversary, Nigeria’s leading retail bank, Access Bank Plc has unveiled a cash incentive campaign tagged “DiamondXtra Independence Splash” to reward over 30 DiamondXtra customers daily with cash prizes. The campaign is set to run from October 2 to […]
