Money Market

Temenos Emerges “Best Islamic Banking & Finance Technology Provider” for Second Consecutive Year

Temenos’ market-leading software recognized by industry peers for its exceptional offering in Islamic banking April 29, 2019/Temenos The 2019 Islamic Finance Awards, presented by World Finance Magazine, has announced that Temenos (SIX: TEMN) (www.Temenos.com) has won the ‘Best Islamic Banking & Finance Technology Provider’, for its breakthrough digital front office […]

CBN Unveils Banknote Fitness Guidelines

April 26, 2019/CBN 1.0      Introduction 1.1       CBN Mandate One of the core mandates of the Central Bank of Nigeria (CBN) as enunciated in section 2 of the CBN Act, 2007, is the issuance and management of the legal tender currency in Nigeria. The Currency Operations Department (COD) of the CBN […]

CBN Releases Its Clean Notes Policy

April 26, 2019/.CBN 1.0      Introduction Section 2 of the CBN Act, 2007 vests the issuance of legal tender currency on the Central Bank of Nigeria (CBN). The task entails design (including security features), production, and distribution of newly printed notes and fit notes as well as replacement of unfit banknotes […]