Money Market

Naira Stability, Policy Stability

Culled—Proshare December 5, 2017/FBNQuest Research   Today’s chart highlights the average official (interbank) and bureaux de change exchange rates over the past two years. Fx scarcity and therefore a large rate differential marked the period through to Q1 2017 when the CBN started to experiment with multiple currency practices (MCP).    […]

CBN to Draft Framework on Credit to SMEs

Culled—Proshare December 5, 2017/CBN The Central Bank of Nigeria (CBN) has disclosed plans to draft a framework on credit to Small and Medium Enterprises (SMEs) aimed at improving credit to the sector. This was disclosed by the Governor, Mr. Godwin Emefiele, at a strategy meeting with selected Development Finance Institutions […]

Access Bank launches new five-year strategy to become Africa’s Gateway to the World

December 4, 2017/Access Bank Plc Access Bank, the full service commercial bank with headquarters in Nigeria and operations across Sub-Saharan Africa, the UK, Asia and the Middle East, today announces its new five-year strategy with an ambitious plan to become Africa’s Gateway to the World. This is the latest in […]