January 30, 2019/CBN The Central Bank of Nigeria (CBN) released the Guideline on End-to-End Electronic Payment of Salaries, Pensions, Suppliers and Taxes in Nigeria in 2014; referenced CBN/BPS/PS V/GEN/014/05 to enhance the adoption of electronic payments while ensuring stability in the Payments System. Following a review of the initial Guideline, […]
Money Market
Hawkamah and IMF Focus on Emerging Central Bank Governance Trends
January 28, 2019/Aetoswire Governance of central banks, emerging challenges and opportunities, and data innovations for the financial sector are key topics to be discussed at an international forum in Dubai Aimed at high-level central bank officials, the forum attracts representatives from about 60 institutions across the globe, bringing expertise and […]
Forex Intervention: CBN Injects $289.76m, CNY 38.70m Into Retail SMIS
Culled—Proshare January 26, 2019/CBN Following its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN) on Friday, January 25, 2019, injected the sum of $289.76million into the retail Secondary Market Intervention Sales (SMIS) and CNY38.70million in the spot and short-tenored forwards segment of the inter-bank […]
