Money Market

CBN Issues Regulation on Instant Electronic Funds Transfer Services in Nigeria

September 14, 2018/CBN The Central Bank of Nigeria {C835}, in furtherance of its mandate for the development of electronic payments system in Nigeria, hereby issues the Regulation on instant (Inter-Bank) Electronic Funds transfer Services in Nigeria.  Please, note that the effective date of the Regulation is 2nd October, 2018.  Please, […]

Emefiele Named New WAMZ Chairman

September 13, 2018/CBN The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been elected as chairman of the West Africa Monetary Zone (WAMZ) at the ongoing sub-regional meeting being hosted by Nigeria.  Shortly after the unanimous election, Emefiele, in his acceptance speech, averred that “a lot of work […]

Ecobank Nigeria Supports “Back To School” Payments Seamlessly – Kalu

September 13, 2018/Ecobank Nigeria The Head, Consumer Marketing, Ecobank Nigeria, Ikechukwu Kalu has said  the bank’s offerings enables seamless payments for school fees and other purchases by parents and guardians as their wards resume for the new academic year.  Mr Kalu affirmed that Ecobank provides services that support both local […]