Money Market

NOVA Merchant Bank Names Emmanuel Onokpasa as Executive Director

August 5, 2021/Nova Merchant Bank NOVA Merchant Bank, a leading merchant bank in Nigeria, is pleased to announce the appointment of Mr. Emmanuel Onokpasa as Executive Director, Wholesale Bank and Treasury. In this role, he will have oversight over Corporate Banking, Commercial Banking including Energy, Power, Telecoms, Products/Channels, Digital Banking, […]

FX Policy Deja Vu

August 2, 2021/Coronation Research Last week, in a surprise announcement, the CBN governor halted the sale of the apex bank’s FX to Bureau De Change (BDC) operators. The statement, and reasons given for the action, gave us a feeling of deja vu – the CBN did this in 2016. So, […]