By InvestAdvocate The Nigerian Stock Market is at the verge of achieving another major transformation as the Central Securities Clearing System (CSCS) Plc adopts the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system to enhance transactions in the market. SWIFT provides a communication gateway that enables financial institutions worldwide to […]
Tag: Clearing House
CBN issues guidelines for bank’s clearing houses
The Central Bank of Nigeria has issued new revised rules for the guidance of all Nigeria Banks Clearing Houses. The bank in a circular on Friday said the objective of the NBCH was to facilitate the implementation of an effective and efficient payment system in the Nigerian banking industry. It […]
