Money Market

Temenos Establishes South African “Bank of the Future” Think-Tank

November 8, 2018/ Temenos Temenos (SIX: TEMN) (www.Temenos.com), the banking software company today announced the launch of its South African “Bank of the Future” Think-Tank. The venture, which involves a quarterly gathering of some of the brightest minds in South African banking aims to address domestic and global challenges and […]

CBN Says Value of Transactions at the Interbank Market Stood at N716.06 Billion in Q2 2018

November 8, 2018/CBN Inter-bank Funds Market The value of transactions at the funds market stood at N716.06 billion in the first half of 2018, a decline of N148.87 billion or 17.21 per cent, when compared with N864.93 billion in the corresponding period of 2017. Further analysis of the transactions indicated […]

CBN Extends NUBAN to Other Financial Institutions

November 8, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has announced the extension of the Nigerian Uniform Bank Account Number (NUBAN) scheme designed for banks to Other Financial Institutions (OFIs). The CBN in a circular dated November 6, 2018 and signed by Sam Okojere, director, […]