Money Market

Diamond Bank to Give Out N433m in DiamondXtra Season 10

L – R: Uzoma Dozie, Chief Executive Officer; Chizoma Okoli, Executive Director; Robert Giles, Head, Retail Banking; and Osita Ede, Head, Mass Market Segment, all of Diamond Bank Plc at the launch of DiamondXtra Season 10 held in Lagos recently. January 31, 2018/Diamond Bank Plc Exciting times are here for […]

Naira Depreciates slightly despite $210m FX intervention by the CBN

Culled—Proshare 29/1/2018/Zedcrest Capital ***CBN Injects $210m into Forex Market*** ***Foreigners Pile Into Nigerian Stocks, New York ETF as Oil Climbs*** Bonds The bond market remained scantily traded in today’s session, with slight sell on the 26s and 27s bond offset by some buys on the short-end of the curve. Yields […]

CBN Injects $210m into Forex Market

Culled—Proshare January 29, 2018/CBN …Wholesale segment gets $100m; …SMEs receive $55m boost; …BTA, others get $55m The Central Bank of Nigeria (CBN) on Monday, January 29, 2018, injected another sum of $210 million into various segments of the inter-bank market. At Monday’s trading, the CBN offered the sum of $100,000,000 […]