Money Market

Ecobank Nigeria Pledges More Support And Collaboration With Bankers Institute

June 11, 2021/Ecobank Nigeria The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has pledged more support and collaboration with the Chartered Institute of Bankers of Nigeria (CIBN), the umbrella body of all bank workers in the country. Akinwuntan who was speaking during a courtesy visit by the President and Council members […]

CBN’s digital currency ’ll begin before 2022– Bankers’ Committee

June 11, 2021/Punch The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a digital currency before the end of 2021. Muhammed disclosed this during a press briefing on the Bankers’ Committee meeting on Thursday. “As I said before the end […]

Central Bank of Nigeria Issues New Framework for Payment System Providers

June 10, 2021/Proshare AELEX   On 9th December 2020, the Central Bank of Nigeria (CBN) the Central Bank of Nigeria (CBN) issued a circular on “New License Categorisations for the Nigerian Payments System” (NPS Circular).  The NPS Circular set out the different licences, their permissible activities, and the share capital […]