Financial Services

May 11, 2018

World Update: Moody’s cuts Nigerian banks’ risk outlook on rising oil prices

The outlook for the Nigerian banking system remains stable, as banks’ foreign currency liquidity risks moderate due to rising oil prices and a more liberal foreign […]
May 11, 2018

Nigeria Update: Banks are sabotaging our efforts on new notes – CBN

The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country.Mr Isaac Okorafor, […]
May 7, 2018

Nigeria Update: FMDQ Market Report

Commentary on the foreign exchange (FX) market with data for the week-ended May 4, 2018.  The Central Bank of Nigeria (CBN) intervened through its periodic supply […]
May 2, 2018

World Update: Dollar holds gains as Fed looms, Asia markets mostly drop

The dollar on Wednesday maintained most of its recent gains ahead of a key Federal Reserve policy announcement, while Asian equity markets struggled as investors returned […]