Money Market

CBN Revises Regulation for Direct Debit Scheme

March 15, 2018/CBN In the exercise of the powers conferred on the Central Bank of Nigeria (CBN) under Sections 2(d), 33 (1)(b) and 47(2) of the CBN Act 2007 to promote sound financial system in Nigeria, issue guidelines and facilitate the development of an efficient and effective payments system in […]

National Liquidity Approaches Challenge EU Banking Union

14/3/2018/Fitch Ratings The lack of a centralised approach to liquidity support under the planned EU banking union will mean continued uncertainty over if and when creditors of struggling banks may suffer losses, Fitch Ratings says. National authorities still have a big role in determining banks’ ultimate viability depending on whether […]

Senate Mandates Committee To Report Back In A Week on CBN and MPC Members Confirmation

Culled—Proshare March 15, 2018/Nigerian Senate  Records of  THE NIGERIAN SENATE of Wednesday 14TH MARCH, 2018 Yesterday, the Senate President, Dr. Abubakar Bukola Saraki read a letter from Mr. President on the confirmation of appointment of Mr. Edward Adamu as Deputy Governor of the Central Bank of Nigeria replacing one of […]