Money Market

Forex Market Gets CBN’s $210m Boost

Culled—Proshare 12/2/2018/CBN The inter-bank Foreign Exchange Market has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet customers’ requests in various segments of the market.  In its determination to meet the customers’ needs in the sundry segments of the market, the CBN offered $100million to […]

CBN Abolish Charges on Sale of FOREX for BTA, PTA, School Fees, Medical

February 12, 2018/CBN All Authorized Dealers are hereby informed that the charging of commissions on retail foreign exchange transactions such as Business Travel Allowance (BTA), Personal Travel Allowance (PTA), Medical and School Fees have been abolished. Consequently, all Authorized Dealers are advised to note for immediate compliance. 

Ecobank Provides Wealth Planning, Management Services to Customers

February 12, 2018/Ecobank Nigeria Ecobank Securities, Wealth & Asset Management (SWAM), an arm of Ecobank Capital  has reaffirmed the bank’s determination to help its customers create, preserve and spread their wealth for themselves and successive generation. The bank offered additional products on wealth management during the SWAM breakfast session for […]