February 14, 2018/FirstBank First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet. The 894 banking scheme, which is the fastest […]
Money Market
Group Says Offer of Grant by IDB to SMEs a Hoax
February 14, 2018/Celestine Okeke It has come to the attention of our organization that several non-governmental and religious organizations have been peddling stories about the existence of a grant for small businesses from an international Development Finance Bank, this story, sadly, isn’t true. It is disheartening to note that a […]
Dramatic Turnaround in FX Availability
Culled—Proshare February 13, 2018/FBNQuest REsearch Data published in the CBN’s Economic Report Fourth Quarter 2017 confirm the continuing dramatic improvement in fx liquidity. Our chart shows the quarterly inflows and outflows through the CBN while the commentary in the report covers autonomous (ie non-CBN) movements. The split for total inflows […]
