Money Market

Is ETI The Only Bank Using CBN Rates To Convert Its USD Results Into NGN and Vice Versa?

Culled—Proshare 9/11/2018 OpEd By Esiri Giwa, Proshare Research One of the stated objectives of IFRS is comparability, i.e. QC20 Users’ decisions involve choosing between alternatives, for example, selling or holding an investment, or investing in one reporting entity or another. Consequently, information about a reporting entity is more useful if […]

Nigeria is a Leading Country in the Fintech Space – AdeRemi Atanda

November 10, 2018/CFJ Nigeria has been described as a leading country in the Financial Technology (Fintech) space in the world. Executive Director, Systemspecs Limited, Mr. AdeRemi Atanda, stated this recently at the Centre for Financial Journalism (CFJ)-Association of Corporate Affairs of Managers of Banks’ (ACAMB) Business Forum held in Lagos. […]

CBN Unveils Terms of Reference for the Competition on the ECOWAS Single Currency Name & Logo

November 9, 2018/CBN Background The Economic Community of West African States (ECOWAS), established in 1975, seeks to promote the integration of the region. Given the role of the single currency in the acceleration of economic integration, the idea of creating an ECOWAS single currency was put forward in Conakry in […]