Money Market

Foreign exchange inflow dropped by $3.73bn in one month

September 30, 2018/Punch Ifeanyi Onuba The Nigerian economy recorded a total foreign exchange inflow of $6bn in the month of July this year, figures obtained from the Central Bank of Nigeria have shown. The inflow of $6bn when compared with the $9.73bn recorded in June this year represents a decline […]

CBN Issues Exposure Draft On Regulatory Capital For Non-Interest Financial Institutions In Nigeria

Culled—Proshare September 28, 2018/CBN                                  The Central Bank of Nigeria (CBN) hereby releases, as an exposure draft for comments, the attached Guidance Notes (GNs), Capital Adequacy Calculation Template and other guidelines on the implementation of standards Nos. […]

CBN Releases Revised Guidance Note on Regulatory Capital For All Banks In Nigeria

Culled—Proshare September 28, 2018/CBN               Introduction This document lays down the new supervisory regulations for assessing the capital adequacy levels of all banks in Nigeria. The Rules governing regulatory capital, its components and required deductions to the capital levels, shall be applied by banks for […]