February 15, 2017/InvestmentOne Research We maintain our negative near term outlook on the Banking sector on our expectation of muted loan book growth in the immediate as the prospects for economic recovery remains fragile. This is in addition to concerns about asset quality, resulting from increasing non-performing loans and their […]
Money Market
The Rate of Naira Counterfeiting Is Less Than One Per Cent – CBN
Culled—Proshare February 14, 2017/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting that about 20 per cent of the Naira currency notes in circulation are counterfeited. While we acknowledge that no currency in the world is immune from […]
CBN Unveils Exposure Guidelines on Instant Electronic Funds Transfer Services
February 14, 2017/CBN The Central Bank of Nigeria (CBN), in furtherance of its mandate for the development of the electronic payments system in Nigeria, hereby releases the Exposure Guidelines on Instant (Inter-bank) Electronic Funds Transfer Services in Nigeria, 2016 (Revised) for your review and comments. Kindly forward your comments in […]
