July 26, 2024/Coronation Research Summary Opening market liquidity was reported at -N379.5bn on Friday (19, Jul ‘24). Call, overnight, and repo rates closed within the range of 9% – 32%, as rates in the money market tightened. Last week, the average NTB yield increased by +156bps to close at 24.9% […]
Updates
United Capital Weekly Pan African Monitor Friday 26-July-2024
Image Credit: United Capital Report July 26, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Forex inflow via IMTOs hits $1.07bn in three months Foreign exchange inflows from International Money Transfer Operators (IMTOs) increased by 38.86% to $1.07bn in the first quarter of 2024, from $770.23mn recorded in the same […]
Federal Bank Regulatory Agencies Seek Comment on Interagency Effort to Reduce Regulatory Burden
July 25, 2024/US Federal Reserve The federal bank regulatory agencies today announced their second notice requesting comment to reduce regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the Federal Financial Institutions Examination Council and federal bank regulatory agencies to review their regulations every 10 years […]
