September 22, 2017/Ecobank Nigeria 30 Ecobank Nigeria customers have been rewarded with 15% of their monthly contribution in their Target Savings Account with the Bank. The lucky winners emerged from the first draw of the Ecobank Target Savings promo which started in August. The winners include Garba Suleiman Dalha of […]
Money Market
The CBN’s New Confidence in FX Policy
Culled—Proshare September 21, 2017/FBNQuest Research Our chart captures exchange-rate movements over the past two years, marked initially by the fx scarcity triggered by the oil price slide in mid-2014. The differential between the rates (official and bureaux de change) initially narrowed with the liberalization of June 2016 that was not […]
Stamp Duties on Bank Deposits and Transfers: Are There Unresolved Issues?
Culled—-Proshare September 20, 2017/Deloitte This general rule is subject to some exceptions – such as receipts for transfer to self, transfers from savings accounts and receipts in respect of salaries and wages, further to a statement issued by CBN on 21 January 2016 The Stamp Duties Act, Chapter S8, Laws […]
