January 21, 2024/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions to the economic development of Africa. The recognition of the bank’s outstanding performance reaffirms its status as a leading player in […]
Money Market
Libyan Islamic Bank Forges New Partnership with Backbase to Enhance Digital Customer Experience
One of the main objectives of this collaboration is to increase digital adoption rates among LIB customers, enabling self-service options that are more aligned with the current market trends and customer demands January 19, 2024/Backbase In an effort to streamline its customer service operations and enhance its customers’ digital banking […]
Currency Outside Banks at 92.04% of Currency in Circulation
January 19, 2024/CSL Research Money Supply statistics from the Central Bank of Nigeria (CBN) as of November 2023 revealed that currency in circulation (CIC) surged by 21.24% in November to N3.35trn (highest in 2023) from N2.76trn as of September 2023. In the same vein, currency outside banks (COB) rose by […]
