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 […]
Money Market
NOVA Merchant Bank Receives Shareholders Nod for Full Commercial Banking License
July 20, 2023/Nova Merchant Bank NOVA Merchant Bank has received approval from its shareholders to transition into commercial banking. The shareholders gave their unanimous approval during the company’s 6th Annual General Meeting in Lagos on Wednesday, where they agreed that the bank remains well-positioned to sustain and build upon its […]
EMTECH Releases its Web-3 Enabled Central Banking Digital Currency Innovation Kit For Fintechs
EMTECH’s Beyond Cash or (BYDC) is a CBDC Simulator built on Hedera layer 1 protocol with pre-built APIs that simplify the integration of digital cash in fintech products across various use cases. July 19, 2023/Aetoswire EMTECH, an award-winning software company and first-of-its-kind Modern Central Banking Infrastructure provider, today announced the […]
