Money Market

Be Cyber Security Conscious, Ecobank Advises Customers

October 30, 2023/Ecobank Nigeria Ecobank Nigeria has advised its customers and stakeholders to stay safe online and boost their cybersecurity initiatives against the rising activities of cyber criminals. In a message to customers via email, as part of the Cybersecurity Awareness Month, the bank enjoined customers to integrate four key […]

CARICOM Central Banks Adopt Pan-African Payment and Settlement System for Intra-Regional Trade Transactions

In adopting PAPSS, the Central Banks in the Caribbean region have recognized its immense potential for unlocking new opportunities for trade growth and cooperation within their respective jurisdictions October 26, 2023/Afreximbank The Pan-African Payment and Settlement System (PAPSS), a groundbreaking initiative developed by the African Export-Import Bank (Afreximbank) to revolutionize […]

Islamic Development Bank Institute Kicks Off Development of a Smart Stabilization System Prototype

The system is based on an algorithm to maintain the stability of assets traded on organized markets October 25, 2023/IsDBI The Islamic Development Bank Institute (IsDBI) has kicked off building a prototype for its patent-pending Smart Stabilization System. The start of the prototype development came in the wake of a […]