Culled—Proshare 23/10/2017/FSDH The growth rate in money supply (narrow money and broad money) as at August 2017 dropped below the target that the Central Bank of Nigeria (CBN) sets for the year 2017. In Nigeria, narrow money (M1) is the sum of demand deposits and currency in circulation less the […]
Money Market
CBN Directs Banks to Enforce Mandatory Use of GIFMIS Revenue Reference Number
October 24, 2017/CBN Further to our circular referenced BSPD/DIRGEN/CIR/04/009, dated 25th September 2017, requesting all Deposit Money Banks (DMBs), to enforce the mandatory use of the GIFMIS Revenue Reference Numbers (RRN), at the point of Revenue collection into the TSA, the following clarification is hereby provided to aid its smooth […]
Heritage Bank storms Lagos Comic 2017, allays fear of creative artists over finances
October 24, 2017/Heritage Bank Ltd The creative artistes, who participated in this year’s edition of Lagos Comic Con, got a booster from Heritage Bank Plc as the financial powerhouse allayed their fears over inaccessibility of funds for operators in the industry. Speaking at the 6th edition of Lagos Comic 2017, […]
