July 25, 2023/Ecobank Nigeria Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This […]
Money Market
Moody’s Maintains Afreximbank’s Credit Rating at Baa1
Moody’s cites Afreximbank’s credit strengths as being a specialized African trade finance institution with a niche July 25, 2023/Afreximbank The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, announces that the global credit ratings agency Moody’s has maintained its rating at Baa1 in its annual credit analysis, with […]
50Bps Rate Hike Likely as MPC Concludes the Meeting
July 25, 2023/CSL Research In line with our projections of a slower pace of rate hikes in H1 2023, the MPC raised the MPR rate by a cumulative 200bps in H1 2023. At the end of the third Monetary Policy Committee (MPC) meeting of 2023 in May, the MPC raised […]
