Money Market

Unity Bank Rolls Out Yanga Market Penetration Campaign, Targets Millions of Underbanked Women

August 16, 2022/Strategic Effects Retail lender, Unity Bank Plc has deployed a new marketing campaign targeted at reaching millions of women entrepreneurs, especially the underbanked across Nigeria with its new retail product, the Yanga account. Starting this August, the lender shall deploy strategic marketing campaigns leveraging several channels including the […]

Interswitch Unveils API Platform for Developers, Introduces Referral Incentive.

Developers to earn 5% commission on transaction fees for up to 5 years. August 14, 2022/Mediacraft Interswitch, Africa’s leading integrated payments and digital commerce company, has unveiled its easy-to-integrate Application Programmable Interfaces (API) Platform for developers creating digital products and solutions for Africans. The unveiling event was held on Thursday, […]

Coronation Fixed Income and Exchange Rate (CFEX) Update

August 11, 2022/Coronation Research Summary Opening market liquidity was reported at N207.5bn on Friday (05 August ’22). Overnight and repo rates closed within a range of 14 – 16%. The average NTB yield increased by +29bps w/w to close at 7.6%. Meanwhile, the average yield for OMO bills increased by […]