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CBN Makes Global Standing Instruction Perpetual Until Loan is Fully Paid
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Proshare Nigeria
January 29, 2022

CBN Publishes Compendium of Resolutions by the FRACE on Non-Interest Finance Services

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The Central Bank of Nigeria (CBN) in its efforts in ensuring effective regulation and supervision of Non-Interest Financial Institutions (NIFIs) hereby issues this Compendium of Resolutions of the FRACE as reference to the industry for ease of understanding the Shariah interpretations made by the FRACE on any particular matter.
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January 29, 2022

CBN Makes Global Standing Instruction Perpetual Until Loan is Fully Paid

In furtherance of its mandate to promote financial system stability, the Central Bank of Nigeria (CBN) released the circular on Operational Guidelines on the Global Standing Instruction (GSI) ---- Individuals (dated July 13, 2020; Ref No:FPRD/DIR/GEN/CIR/07/056).
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January 29, 2022

What To Expect From The Markets This Week - 310122

According to Money and Credit data recently released by the Central Bank of Nigeria (CBN) money supply increased from N38.6 trillion in December 2020 to approximately N44 trillion in December 2021 thereby recording an increase of 13.8% year-on-year (YoY), 10.8 percentage points higher than the estimated three per cent growth in Money supply recorded in 2020.
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FMDQ Fixings Data
As on January 27, 2022
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
O/N 2 Proshare-1.00
1M 9.3568 Proshare0.00
3M 10.6573 Proshare-0.53
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6M 4.1596 Proshare-0.32
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January 29, 2022
CBN Makes Global Standing Instruction Perpetual Until Loan is Fully Paid
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