Money Market

Moody’s Affirms Deposit Ratings Of First Bank Of Nigeria; Changes Outlook To Stable, From Negative

Culled—Proshare October 22, 2018/Moody’s Investors Service Moody’s Investors Service has today affirmed First Bank of Nigeria Limited’s (FBN) B2/Not Prime long-term and short-term local currency deposit ratings and the bank’s B3/Not Prime long-term and short-term foreign currency deposit ratings. At the same time, the rating agency has affirmed FBN’s B2/Not […]

Only a day to the 7th Remittance & Payment Expo, Lagos – Nigeria!

October 22, 2018/Remittance Africa With only a day to the 7th Remittance and payment Expo (www.RemittanceAfrica.com) holding from Tuesday 23rd October to Wednesday 24th October, 2018 at the Lagos Oriental Hotel, Nigeria, the event secretariat wishes to remind interested persons and organizations that the discounted online delegate registration process will […]

CBN Proposes Mortgage Guarantee Companies In Nigeria

19/10/2018/CBN  In an effort to promote mortgage financing and advance home ownership, the Central Bank of Nigeria (CBN) is proposing the introduction of Mortgage Guarantee Companies (MGCs) in Nigeria.  MGCs are designed to deepen the mortgage market through increased access to mortgage finance and enhancing credit risk with mortgage lending […]