November 15, 2017/InvestmentOne Research Please click to download the Fixed Income and Currency Market Report for the Week ended 10th November 2017 MONEY MARKET · Money market rates declined in the outgone week as a result of improvement in system liquidity due to OMO maturity of N233bn that hit the system on […]
Money Market
Vocalink Powers Real-Time Payments Service in the U.S.
November 14, 2017/Mastercard Vocalink, a Mastercard company, supports The Clearing House today in launching a ground-breaking real-time payment system in the U.S. RTP is one of the most comprehensive real-time payment systems globally, and is set to transform the U.S. payments landscape The launch follows Vocalink’s successful real-time system implementation […]
CBN Extends Settlement Banking Arrangement to All Clearing Sessions WEF January 1, 2018
November 10, 2017/CBN You will recall that the Central Bank of Nigeria introduced settlement banking framework on 1st April 2004. The framework categorized Deposit Money Banks into settlement and non-settlement banks. The settlement banks settle their net settlement obligations and that of their non-settlement banks arising from cheque clearing and […]
