July 5, 2023/Ecobank Nigeria Fitch Ratings says it foresees an upgrade of ENG’s National Ratings which would result from strengthening its creditworthiness relative to other Nigerian issuers. According to the international rating agency, it expects to resolve the Rating Watch Negative (RWN) of ENG “within the next six months when […]
Money Market
Personal Statements by the MPC Members at the 148 MPC Meeting Held May 23-24, 2023
July 3, 2023/CBN 1. ADAMU, EDWARD L. Global output recovery is expected to continue albeit at a slower pace amid financial market uncertainties sparked by the recent wave of banking system troubles in the United States and Europe. Because of this and other established geo-political headwinds like the war in […]
FirstBank Launches the First Humanoid Robot in the Financial Services Industry
June 30, 2023/FirstBank of Nigeria As part of an effort to provide innovative financial solutions in Nigeria, First Bank of Nigeria Limited has launched a Humanoid Robot, the first of its kind in the financial services space in the country. The robot is equipped with Video Banking and Artificial Intelligence […]
