Money Market

CBN, AMCON Says Strategic Capital Acquires Polaris Bank for N50 Billion

October 20, 2022/CBN The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) are pleased to announce the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank (‘Polaris’ or ‘the Bank’) by Strategic Capital Investment Limited (‘SCIL’).  […]

Ecobank Nigeria Unveils Super Reward Season 3 Extension

October 18, 2022/Ecobank Nigeria Ecobank Nigeria has announced the commencement of Season 3 extension of its Super Rewards Campaign. The customer-focused initiative is designed by Ecobank Nigeria to reward customers’ loyalty. The campaign tagged: Season 3.1 is set to reward 100 customers with cash prizes of N50,000 monthly, while four […]

Mastercard to Bring Crypto Trading Capabilities to Banks

New Crypto SourceTM program extends Mastercard’s safe, secure and trusted services   October 17, 2022/Mastercard Mastercard today introduces Crypto SourceTM, a new program to enable financial institutions to bring secure crypto trading capabilities and services to their customers. The 2022 Mastercard New Payments Index reported that 29% of respondents globally hold […]