March 10, 2017/Heritage Bank Ltd As part of its corporate social responsibility, Heritage Bank Limited, Nigeria’s most innovative banking service provider, is promoting the country’s rich cultural heritage to the global community through the on-going Big Brother Naija. The Bank said in a statement that the feat was executed by […]
Money Market
CBN Sustains Forex Supply to Date
Culled—Proshare 10/3/2017/CBN As more customers of banks and other business people overcome the earlier difficulties in obtaining forex for their transactions, and in a bid to sustain the tempo of foreign exchange supply to the interbank FOREX market and ensure liquidity, the Central Bank of Nigeria (CBN) today, Thursday, March […]
The Egypt Devaluation: Lessons From A New Beginning
Culled—Proshare March 9, 2017/PwC On the morning of 3 November 2016, after mounting pressures, the Central Bank of Egypt (CBE) announced in a surprise move that it had fully floated the Egyptian pound (EGP). This came after a parallel market had slowly flourished and the market differential reached close to […]

