July 9, 2018/CBN In 2010, Nigeria made a commitment to reduce the adult financial exclusion rate in the country from 46.3% to 20% by the year 2020. In order to attain this target, the National Financial Inclusion Strategy (NFIS) was launched on October 23rd. 2012. While some notable milestones have […]
Money Market
Money Market- Mildly Bearish Position Takes Hold
6/7/2018/Proshare Research In the wake of 2016, the Federal government in attempt to reflate the economy due to liquidity concerns coupled with hard pegs hinged deeply on the domestic money market by focusing primarily on short term instruments to fund the budget. The cost of financing the budget was high […]
CBN Direct Banks to Render Returns on Shared Agency Network Expansion Fund initiative
July 5, 2018/CBN Pursuant to the decision of the Bankers‘Committee to adopt and implement the Shared Agency Network Expansion Fund initiative by the Banking Industry, aimed at accelerating the Bank’s financial inclusion program, the Bank hereby issues this regulatory requirement for data rendition for effective monitoring and evaluation purposes. All […]
