Money Market

Coronation Fixed Income and Exchange Rate (CFEX) Update

January 3, 2024/Coronation Research Summary Opening market liquidity was reported at N156.4bn on Friday (29 December ‘23). Call, overnight, and repo rates closed within a range of 4% –16% as rates in the money market moderated. Our expectation in the current week is that money market rates trend upwards as […]

CBN Assures Depositors of Funds Safety

December 27, 2023/CBN The Central Bank of Nigeria, CBN, has noticed reports, in certain media outlets, about a recommendation for the Federal Government to take over some CBN-supervised financial institutions.  For the avoidance of doubt, Nigerian banks remain safe and sound. The CBN encourages the public to continue their regular […]

Access Holdings Names Abubakar Aribidesi Jimoh as New Chairman

December 22, 2023/NGX We refer to our notification dated November 23, 2023 informing the Nigerian Exchange Limited (‘NGX’) of the demise of Mr. Bababode Osunkoya, the former Chairman of the Board of Directors (of Access Holdings Plc on November 21, 2023, after a brief illness. Further to the above, we […]