eNaira- Yay or Nay? In a recent press statement, the Central Bank of Nigeria (CBN) stated its plans to launch its Central Bank Digital Currency (CBDC) pilot scheme called the
Summary Opening market liquidity was reported at NGN445.4bn on Friday (03 Sep ‘21). Overnight and repo rates closed within a range of 10.0-13.5%. The secondary market for NTBs was relatively
A new economy, a digital one fueled by technological innovation, is emerging and the COVID-19 pandemic has only accelerated this technological transformation, bringing about changes in work, skill requirements, work
The NBS has released its August inflation report to show – Headline rate 17.01% y/y (17.38% in July): Core rate 13.41% y/y (13.72%); and Food rate 20.30% y/y (21.03%).
The concept of investing broadly covers the purchase or creation of assets with the use of funds or capital in order to obtain a return on the investment, also known
The book – Who moved my cheese by Dr. Spenser Johnson – is both a literal masterpiece and is indisputably relevant in modern leadership and business strategy. It is a
The business environment has witnessed a major shift heightened by the COVID-19 pandemic which has compelled organizations to be more dependent on technology. With most businesses moving to the cloud
History has been a remarkably trustworthy guide to the patterns of wealth movement. Over time, the concentration of wealth has always been within the facilitators of industry. As the steam
The global equity capital market has been reacting to the infusion of significant cash investments – $83billion in 2020 and over $53billion in the first two months of 2021, according
In the banking system, liquidity is often referred to as the ability to fund increases in assets and meet the withdrawal of maturing liabilities at a reasonable cost. However, in this paper, we will dwell on the Central Bank of Nigeria’s (CBN) liquidity management of the financial system.
