July 13, 2022/Heritage Bank Heritage Bank has disclosed plans to further adopt Ynspyre, a digital product to help cater and deepen support for professionals and amateurs for the creative and entertainment industry’s growth. The bank stated that in a bid to further expand its reach by connecting with more groups […]
Money Market
E-Payments: Relatively Young and Getting It
July 5, 2022/CSL Research The latest data from the Nigeria Inter-Bank Settlement System (NIBSS) showed that the growth recorded across the various e-payment channels remained strong in the first four months of 2022 (January-April). Specifically, NIBSS Instant Payment (NIP) transactions recorded a solid 44.3% y/y and 50.0% y/y increase in […]
Agencies release list of distressed or underserved nonmetropolitan middle-income geographies
July 1, 2022/US Federal Reserve Federal bank regulatory agencies today made available the 2022 list of distressed or underserved nonmetropolitan middle-income geographies. These are geographic areas where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration pursuant to the definition of community development under the agencies’ […]
