Money Market

Nigeria’s Banking Sector Records 213.69Million Volume of Transactions in Q3’17

December 14, 2017/NBS A total volume of 213,693,964 transactions valued at N19.33 trn were recorded in Q3 2017 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. NIBSS Instant Payment (NIP) transactions dominated the volume of transactions recorded. 97,530,856 volume of NIP transactions valued at N13,963 bln […]

Access Bank Makes Clinches CBN’s Inuaugural Sustainable Banking Awards

December 13, 2017/Access Bank Plc Access Bank PLC has received top honours at the inaugural Nigeria Sustainable Banking Awards convened by the Central Bank of Nigeria (CBN) in recognition of its outstanding success and leadership in Nigeria’s sustainable development. Access Bank emerged the winner across all four categories during the […]

Forex Market Gets Another $210m Boost from CBN

Culled—Proshare 12/12/2017/CBN  The interbank window of Nigeria’s Foreign Exchange market on Tuesday, December 12, 2017, received yet another boost of $210,000,000.00 from the Central Bank of Nigeria (CBN).   According to figures obtained from the Bank, Tuesday’s interventions were for the Wholesale, Small and Medium Enterprises (SMEs) and invisibles segments of […]