Money Market

Personal Statements by the MPC Members at the 145 MPC Meeting of November 21-22, 2022

December 22, 2022/CBN 1. ADAMU, EDWARD LAMETEK  Prospects of the global economy continue to be overshadowed by the war in Ukraine and its fallouts, lingering coronavirus pandemic and inflationary pressures. These conditions have dampened activity recovery prospects in many countries, prompting the downward revision of the world output growth by […]

Yuletide Celebrations: Ecobank Reassures Customers Of 24-Hour Digital Banking Services  

December 22, 2022/Ecobank Nigeria Ahead of the Yuletide holidays, Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via the Ecobank Digital platforms, which include the Ecobank Mobile app, USSD *326#, Ecobank Online, Ecobank OmniPlus, Ecobank Omnilite, EcobankPay, Ecobank RapidTransfer, ATMs, […]

Fitch Affirms UBA Cameroon S.A. at ‘B-‘; Outlook Stable; Underpinned by Potential Support from UBA Group

December 21, 2022/Fitch Ratings Fitch Ratings has affirmed UBA Cameroon S.A.’s (UBA CAM) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable.  Key Rating Drivers UBA CAM’s IDRs are driven by its intrinsic strength, as captured by the bank’s Viability Rating (VR) of ‘b-‘, and underpinned by potential […]