Money Market

Central Bank Losses May Add to Sovereign Fiscal Pressures

October 3, 2022/Fitch Ratings Rising interest rates and falling securities valuations have increased the likelihood of losses for developed market central banks that have engaged in asset-purchase programmes, says Fitch Ratings. This may affect their ability to contribute to government revenues, and there is a risk that in some cases […]

Federal Reserve Board finalize updates to the Board’s rule concerning debit card transactions

October 3, 2022/US Federal Reserve The Federal Reserve Board on Monday finalized updates to the Board’s rule concerning debit card transactions. Pursuant to statute, the updates specify that debit card issuers should enable at least two payment card networks to process all debit card transactions, including “card-not-present” transactions, such as […]

Customer Service Week: Ecobank Celebrate Customers’ Loyalty, Assures Of Sustained Excellent Service Delivery

October 3, 2022/Ecobank Nigeria The Managing Director, Ecobank Nigeria, Bolaji Lawal has lauded the bank’s customers over their continued patronage and dedication to the brand, assuring that the bank will continue to meet and surpass their expectations with product offerings and excellent service delivery. In his message to the customers as part of […]