Money Market

Update: CBN measures widen parallel market premium to interbank

Culled—Proshare Sept 9, 2016/ARM Research In this update, Researchers at ARM present the latest macroeconomic data for August 2016 as well as activities in the fixed income and currency markets. Macro picture worsens as economy sinks into recession: In an avalanche of data at the end of August, the National […]

Emefiele: Efficient Payment System Pivotal for Financial System’s Growth

Sept 8, 2016/Thisday Obinna Chima The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has stressed that an efficient payment system is pivotal to Nigeria’s financial system as well as in engendering sustained economic growth and development. The governor pointed out that it was on this basis that the […]

AMF, IMF, World Bank Group launch Report on withdrawal of Correspondent Banking Relationships in the Arab region

Sept 5, 2016/IMF The Arab Monetary Fund (AMF), the International Monetary Fund (IMF) and the World Bank are pleased to announce the publication of a report on the findings of a survey on the withdrawal of Correspondent Banking Relationships (CBRs) in the Arab region. This survey, which was undertaken from […]