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October 23, 2018
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Winston " Strawn LLP is pleased to announce the addition of leading emerging markets attorneys Thomas B. (Tom) Trimble as partner and John David Bryant as counsel in the firm’s Washington, D.C. office and as members of Winston’s corporate practice.
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October 23, 2018
The CBN Circulars on the redesigned CRMS — NOTICE OF COMMENCEMENT OF COMPLIANCE STATUS CHECKS (Ref No: FPR/D1R/GEN/CIR/07/002; dated June 6 2018), and NOTICE OF REGULATORY BREACH - DISCREPANCY BETWEEN FiNA (TOTAL VALUE OF LOANS AND ADVANCES) AND CRMS (TOTAL VALUE OF OUTSTANDING BALANCES) AS AT 30th JUNE 2018 (Ref No: FPR/D/R/GEN/CRM/05/230; dated August 20 2018) refer. May we bring to your attention that an additi
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October 23, 2018
Given the role of microfinance banks in economic growth and development, the Central Bank of Nigeria (CBN) introduced the Microfinance Policy, Regulatory and Supervisory Framework on December 15, 2005 (revised in 2011). The key focus of the policy was, among others, to increase financial inclusion rate in the country; improve access to financial services for the active rural poor; and pursue poverty eradication.
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FMDQ Fixings Data (Delayed by 24 Hours)
as at Oct 19, 2018
Tenor Rate (%) Change (%)
O/N 13.15 Proshare-0.35
1M 13.9807 Proshare0.47
3M 13.9542 Proshare0.29
Tenor Rate (%) Change (%)
1M 12.7704 Proshare-0.64
3M 12.7866 Proshare-0.11
6M 13.3281 Proshare-0.02
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Headline Inflation Increased by 11.28% in Sept
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