November 30, 2017/Heritage Bank Ltd Heritage Bank Plc has registered its presence in Ogijoin the Sagamu Local Government Area of Ogun State; with the commissioning of Dunmop Ventures as agent banking partner under the financial inclusion policy of the Central Bank of Nigeria (CBN) which is designed to bring […]
Money Market
Funding Rates crash as CBN Refunds banks for lost FX bids
Culled—Proshare November 28, 2017/Zedcrest Capital KEY INDICATORS Inflation 15.91% Declined by 0.07% in October from 15.98% in September 2017 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of November 2017 External Reserves $34.53billion Accreted 2.04% as at 24th November from $34.49bn on 23rd November 2017 Brent Crude $63.08pb […]
CBN Boosts Forex Market with $210m
Culled—Proshare November 28, 2017/CBN The Central Bank of Nigeria (CBN) on Tuesday, November 28, 2017, announced the injection of another $210,000,000 to boost liquidity in the inter-bank Foreign Exchange Market. Disclosing this in Abuja, the Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor said the sum of $100million was […]
