Money Market

CBN Signs Currency Swap Agreement With the People’s Bank of China

Culled—Proshare May 3, 2018/CBN  The Central Bank of Nigeria (CBN) wishes to announce the execution of a bilateral currency swap agreement with the Peoples Bank of China (PBoC). The Governor of the CBN.       Mr. Godwin Emefiele, led CBN officials while PBoC Governor, Dr. Yi Gang, led the Chinese […]

NDIC to Pay First Liquidation Dividend to Creditors of Five Closed Banks

Culled—Proshare May 3, 2018 Nigeria Deposit Insurance Corporation in its capacity as the Liquidator of the closed Commercial Trust Bank, Icon Merchant Bank, Merchant Bank For Africa, Ivory Merchant Bank and Financial Merchant Bank (In-liquidation) is pleased to announce that it has concluded arrangement to pay Creditors of the closed […]

The African Banker Awards Committee announces the 2018 nominees

May 3, 2018/IC Publications Nominees for the 2018 African Banker Awards (http://AfricanBankerAwards.com) have been announced. This year’s shortlist sees another strong year for banks from Morocco, Nigeria and Kenya. Ecobank, Standard Bank and Standard Chartered, which have a large footprint across the continent also feature across several categories.  The Awards, […]