Money Market


Nigeria FX market trades $327 mln as offshore funds buy bonds

August 29, 2016/Reuters Nigeria’s currency market registered $327 million worth of trades on Monday, about six times more than its usual volume, the market regulator told Reuters. That included a… Read more »

Adewunmi Ogunsanya Heritage

Heritage Bank Names Adewunmi Ogunsanya Non-Executive Director

August 29, 2016/Heritage Bank Ltd Heritage Bank Plc, one of the fastest growing financial institution in Nigeria, has announced the appointment of Mr. Adewunmi Ogunsanya as a Non Executive Director…. Read more »

Godwin Emefiele5

CBN Says Banks Violating International Money Transfer Laws as Naira Continues to Slide in Parallel Market

August 27, 2016/The Will The Central Bank of Nigeria (CBN) says commercial banks are circumventing its international money transfer rules by criminally opening multiple company and personal accounts where they… Read more »