Money Market

Alade Retires as CBN Deputy Governor

Culled—Proshare March 23, 2017 by Ifeanyi Onuba, Punch Newspapers The Deputy Governor, Economic Policy, Central Bank of Nigeria, Dr. Sarah Alade, will today (Wednesday) officially retire after 24 years of active service in the apex bank. She joined the CBN in 1993 as an Assistant Director in the Research Department, […]

CBN Publishes ‘The Scripless Securities Settlement System Business Rules and Guidelines’

March 23, 2017/CBN Click here to download full PDF report Introduction In furtherance of the principal objects of the Central Bank of Nigeria (CBN or the Bank) to ensure monetary and price stability, to promote a sound financial system and pursuant to the provisions of the CBN Act 2007 and […]

Fitch Says Nigerian Banks will Continue to Face Challenges

22/3/2017/Fitch Ratings (This statement was made by Fitch Ratings on Marhc 22, 2017) Lagos (INVESTADVOCATE)-Nigerian Banks: Peer Review Fitch Ratings-London-22 March 2017: Fitch Ratings says Nigerian banks will continue to face challenges this year, following an extremely difficult 2016. Banks faced multiple threats from the operating environment in 2016, including […]