September 25, 2017/InvestmentOne Research find below the NGN/USD NAFEX opening and closing rates and the closing NGN/USD rate at the parallel market in the outgone week. 18-Sep-17 19-Sep-17 20-Sep-17 21-Sep-17 22-Sep-17 NAFEX Opening rate (NGN/USD) 359.36 359.89 359.71 359.62 359.44 NAFEX Closing rate (NGN/USD) 359.06 360.24 360.67 360.32 360.39 […]
Money Market
FINMA Implements New Fintech Rules in Circular On Public Deposits With Non-Banks
Culled—Proshare September 22, 2017/ILO Introduction The revised Banking Ordinance of April 30 2014 regarding new financial technology (fintech) regulations entered into force on August 1 2017. The revision reduced some of the barriers to market entry for fintech firms. The purpose of the proposed revisions is to enhance the competitiveness […]
Pre-MPC Communiqué Sept 25-26, 2017: CBN to Retain MPR at 14%-Report
September 22, 2017/Access Bank Plc Click here to download full PDF Copy of the Pre-MPC Communiqué The Monetary Policy Committee (MPC) of the Central Bank of Nigeria will hold its two-day meeting on Monday and Tuesday September 25 and 26, 2017. The major highlights of the Meeting are likely going […]
