Money Market

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 […]

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 […]