Money Market

CBN Unveils 2018 Financial Stability Report

October 18, 2019/CBN Global output growth declined to 3.70 per cent in 2018 from 3.80 per cent achieved in 2017, largely underpinned by dwindling consumer demand, decline in oil prices and weak financial markets. Global inflation trended upward, owing mainly to the pass-through effect of currency depreciation, especially for most […]

Yet Again! Another Directive From The CBN

Culled—Proshare October 18, 2019 By CSL Research Yesterday, banks across the country were given a directive from the Central Bank of Nigeria to cancel any customer requests for purchase of Treasury Bills at Primary or OMO auctions, if such customers are borrowing customers of such banks or those of other […]

Standard Bank Partners Rhiza Africa On Data-Driven Agricultural Technology

October 17, 2019/Mediacraft Standard Bank has partnered Rhiza Africa in a bid to boost Agricultural produce and increase famers’ yield, through innovation, driven by digital intelligence. Standard Bank’s satellite hosted-remote sensing innovation is delivered in partnership with service provider RHIZA Africa and backed by Origin Enterprises PLC and the European […]